Which best describes the state of the US economy of the 1970s?

a. Slightly increasing economic growth made prices go down

b. Steadily decreasing economic growth made prices go down

c. Fewer jobs and lower wages gave Americans fewer resources

d. Fewer but better paying jobs gave Americans more resources

Fewer jobs and lower wages gave Americans fewer resources and this statement best describes the state of the United states economy of the 1970s. The correct option among all the options that are given in the question is option "c". United States economy was going through a period of recession during the 1970s.