Question

The decade of the 1970s was marked by all of the following economic conditions in the United States EXCEPT

A rising oil prices for businesses and consumers
B greater participation by women in the paid workforce
C increased competition from Western Europe and Japan
D simultaneous inflation and recession, known as stagflation
E increased labor union membership among autoworkers

Answer 1

Answer:C

Step-by-step explanation:

C) Increased competition from Western Europe and Japan is not a characteristic economic condition of the United States in the 1970s. In fact, the 1970s were marked by a decline in U.S. competitiveness in the face of increasing competition from foreign economies, particularly Japan and Western Europe. The other four options, rising oil prices, greater participation by women in the paid workforce, stagflation, and increased labor union membership among autoworkers, were all key economic conditions that characterized the decade of the 1970s in the United States.