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18 March, 18:18

When Jimmy Carter was president in the late 1970s, gas prices dropped to all-time lows. he was seen as a strong leader. the country experienced high inflation. unemployment rates continued to fall.

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  1. 18 March, 18:22
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    high inflation.
  2. 18 March, 18:32
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    In the late 1970s, Jimmy Carter presidency faced something known as Stagflation. This means the country experienced high inflation, and unemployment rate was rising considerably. Carter's economic measures looked for renewable energies and tried to reduce the government expenditure, but these programs were unsuccessful and were followed by the 1980 recession.
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