asked 143k views
5 votes
Stagflation in the 1970 is most associated with what

asked
User Lyfe
by
8.8k points

1 Answer

4 votes

Answer:

Answer Expert Verified. Stagflation is said to occur when the economy experiences high inflation, high unemployment and slow growth. Stagflation in the 1970s was caused by the fall of the Bretton Woods system and the 1973 oil crisis.

Step-by-step explanation:

answered
User JasonRDalton
by
7.7k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.