The stagflation of the US economy in the early 1970s was characterized by

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Danielle Warner

History

8 March, 09:49

The stagflation of the US economy in the early 1970s was characterized by

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Alejandra Stevens · Answer 1

The stagflation of the US economy in the early 1970s was characterized by the increase in unemployment as well an increase in the inflation. There was an economic nd energy crisis at that time. This was due to the very high increase in prices of oil