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23 October, 01:06

What were the main causes of the economic crisis of the 1970s? Check all that apply.

the high cost of the Vietnam War

the rising cost of American-made goods

the expenses of the Watergate hearings

problems related to the rise and fall of the stock market

the cost of President Johnson's Great Society programs

problems related to President Carter's government programs

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Answers (2)
  1. 23 October, 01:25
    0
    The rising cost of American-made goods

    The expenses of the watergate hearing.
  2. 23 October, 01:26
    0
    The rising cost of American-made goods

    The expenses of the Watergate hearing.

    Explanation:

    The great inflation was accused of oil rates, currency examiners, selfish entrepreneur, and greedy union managers. In fact, the 1970s was a period of raising fares and increasing unemployment; the years of weak commercial increase could all be described as the outcome of the cost-push inflation of raised oil rates.
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