What were the main causes for the decline of the U.S. economy during the 70s?

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asked Jan 19, 2024 31.6k views

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MalcolmOcean · Answer 1 · 2024-01-26T03:34:58+0000

Overview. In the early 1970s, the post-World War II economic boom began to wane, due to increased international competition, the expense of the Vietnam War, and the decline of manufacturing jobs.

What were the main causes for the decline of the U.S. economy during the 70s?

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