5
votes
2answers
311 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 ...
6
votes
5answers
3k views

Why is the USA the world's strongest country? [closed]

The USA has been the world's strongest country for a long time now. Even after the rise of China as one of the dominant economies in the world, the USA is still the world's top economy. Does the USA ...