asked 205k views
4 votes
Which of these words was first used during the 1970s economic crisis?

a) influx
b) stagflation
c) deficit
d) programs

asked
User Markie
by
7.7k points

2 Answers

6 votes
Second Option: stagflation
correct on website
answered
User Igor Kasyanchuk
by
8.2k points
6 votes

The 1973–75 recession or 1970s recession was a period of economic stagnation in much of the Western world during the 1970s, putting an end to the overall Post–World War II economic expansion.

It differed from many previous recessions by being a stagflation, where high unemployment and high inflation existed simultaneously.

La respuesta correcta es la "B": Stagflation

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