5
votes
2answers
283 views

What were the factors that led to stagflation in the United States during the 1970s?

Economics teaches that faster economic growth leads to higher inflation and slower economic growth leads to lower inflation. In the 1970s, United States suffered high inflation and slow economic ...
15
votes
4answers
5k views

Why did Ford pardon Nixon?

Gerald Ford's pardon of Nixon for the crimes he committed during his presidency was quite an unpopular and controversial move. Why did he make this decision?