America Compared: Economic Malaise in the Seventies

Most major economic indicators in the United States turned downward in the 1970s, as the long postwar expansion ground to an unmistakable halt. The figures below offer evidence of how developments in the United States compared with other industrialized countries.

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FIGURE 29.3
Falling Gross Domestic Product
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FIGURE 29.4
Rising Unemployment

QUESTIONS FOR ANALYSIS

  1. Question

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  2. Question

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