The stagflation in the united states during the 1974-1975 period can be attributed to?

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11-08-2022
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The stagflation in the united states during the 1974-1975 period can be attributed to?

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nutanraj654 nutanraj654 · Answer 1 · 2022-08-17T12:13:54+02:00

The stagflation in the united states during the 1974-1975 period can be attributed to rapid increases in petroleum prices, and poor harvests.

Stagflation is an economic situation it is because of a mixture of sluggish economic increase, high unemployment, and rising costs. Stagflation befell in the Nineteen Seventies due to financial and financial guidelines and an oil embargo.

Stagflation within the 1970s combined excessive inflation with a disappointingly choppy monetary increase. high price range deficits, low-interest charges, oil embargos, and the fall apart of controlled foreign money charges have been among the principal reasons for stagflation.

The stagflation of the Nineteen Seventies coincided with the first global wave of debt accumulation within the past half of a century. Low global actual hobby rates and the rapid improvement of syndicated loan markets advocated a surge in EMDE debt, mainly in Latin America and many low-profit countries.

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