What factor contributed most to inflation in the US during the 1970s?

What will be an ideal response?


Answer: Oil embargoes

History

You might also like to view...

American Loyalists during the Revolution

A) lived mostly in and around the city of Boston. B) received generous compensation from England for their losses. C) numbered fewer than 10,000 people. D) were most numerous around New York City.

History

Which of the following may have been an idea the Jews adopted from Zoroastrianism?

a. belief in a last judgment b. belief in a single god c. belief in the abilities of prophets d. belief that history is progressive e. belief in animal sacrifice

History

What were the goals of the American Anti-Slavery Society (AASS)?

A) the restriction of slavery to the South where it already existed B) the immediate end to slavery, with no compensation for owners C) the gradual end to slavery, with some compensation to owners for their losses D) the immediate end to slavery, with some compensation for owners

History

A "boom-and-bust" cycle means

A) a cycle in capitalist economies where increases in economic growth are followed by subsequent loss in profits and jobs. B) a cycle in capitalist economies where decreases in economic growth are followed by subsequent gains in profits and jobs. C) a cycle in communist economies where increases in economic growth are followed by subsequent loss in profits and jobs. D) a spike in economic growth followed by a leveling off of profit.

History