Ask Question
27 September, 06:45

What economic problems were plaguing the country when Gerald Ford took office? How did he try to correct them?

+1
Answers (1)
  1. 27 September, 06:48
    0
    There were high rates of unemployment, inflation was also very high, and energy crisis was prevalent when Ford joined.

    He tried to correct them bu launching Whip Inflaton Now (WIN), he raised interest rates and cut the taxes on a large scale. He also limited the government spendings.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What economic problems were plaguing the country when Gerald Ford took office? How did he try to correct them? ...” in 📗 History if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers