Knowledge (XXG)

1973–1975 recession

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212: 395: 582:' shipyard, which would struggle for the next 20 years. Furthermore, the ripple effects also compounded issues in the iron ore mining industry, at a time when Swedish iron ore was experiencing rising mining costs and facing increased low-cost competition from new mines in places such as Australia and Brazil. The inflationary recession, combined with an expansionary government fiscal policy and a generous collective wage agreement among unions in 1974–1976, put Sweden on a highly inflationary path: the price index quintupled between 1972 and 1995. Between 1965 and 1979, the 41: 461: 401: 33: 4490: 4454: 4500: 49: 457:, which came into force on 1 January 1974, meaning that commercial users of electricity were limited to three specific consecutive days' consumption of electricity, and forbidden to work longer hours of those days, although services deemed essential were exempted from these regulations. Electricity blackouts across the country were widespread. 573:
In Sweden's particular case, the recession proved devastating to the shipping, ship-building, and logging and mining industries. The increase in oil prices caused export revenues from shipping to drop by 25% within a few years. Sweden at this time had the world's second largest ship building industry
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on 28 February 1974 in what he saw as an opportunity for the electorate to show the miners that the government – and not the miners or the unions – were responsible for running the country. Most opinion polls suggested that the Tories would be re-elected with a majority, but when the election results
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was much higher than previously thought, and established a 6% target as full employment. Thus, unemployment, which had reached a peak of 9% in May 1975, did not dip below 6% until June 1978. The pre-1974 recession level of 4.6% unemployment was not reached again until November 1997, when the Federal
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Economic growth was re-established in 1975 as the recession's end was declared, but Britain's economy remained shaky. Inflation remained high, strikes continued to cripple manufacturing and public services, unemployment continued to rise above the 1,000,000 mark, and just after the resignation of
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Some newly industrialized countries saw some diversionary benefits from the crisis, namely Spain, Korea, Taiwan, Singapore, Mexico, and Brazil, as their low-cost environments attracted new investments and gave their products a competitive edge over competitors in higher-cost, developed countries
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with the Liberals to hang onto power. The pact concluded in the summer of 1978, by which time economic growth had picked up (although unemployment now stood at a postwar high of 1,500,000), and opinion polls suggested that Labour could form a majority government if a general election was held.
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from the 1973 to 1975 recession had many of the characteristics of a typical U-type recovery. GNP (the measure at the time) reached and exceeded its pre-recession level by first quarter 1976. Industrial production had recovered to its pre-recession levels by the end of 1976.
586:'s share of total employment rose from 12% to 30%, which greatly increased the total tax burden at a time of escalating costs and prices, which fed into wage settlements, competitiveness, and profitability, and contributed to a sharply deteriorated trade balance. 1241: 630:
of 1973–1974, which pushed prices of petroleum from $ 15 to $ 45 a barrel (2010 dollars) almost overnight, certainly contributed to inflationary measures during this period, taking a larger share of incomes (an "oil tax") at a time of falling
574:(after Japan), and the spillover effects devastated shipbuilders (Swedish shipbuilders lost some 3 billion SEK in 1974), which in turn led to problems in Sweden's steel industry. The loss of shipbuilding jobs devastated port cities such as 499:, but this attempt to remain in power proved unsuccessful for Heath and he was forced to resign as prime minister on 4 March, paving the way for Harold Wilson's Labour to return to power as a minority government before winning a 178:
Although the recession ended in March 1975, the unemployment rate did not peak for several months. In May 1975, the rate reached its height for the cycle of 9 percent. (Four cycles have had higher peaks than this: the
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The oil crisis of 1973 also had similarly large negative effects on other countries that relied heavily on imported oil, such as France, Sweden, Japan, Finland, Belgium, Luxembourg, and Denmark.
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and resulted in a steep rise in unemployment from 5.4% (1,390,46 people) to 11.5% (3,104,66 people). It was not until 2000, by which time Labour had been re-elected as
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suffering from higher energy costs. These countries gained increased market share both in their domestic markets and abroad at accelerating rates during the 1970s.
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Oil prices in USD, 1861–2015 (1861–1944 averaged US crude oil, 1945–1983 Arabian Light, 1984–2015 Brent). Red line adjusted for inflation, blue not adjusted.
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The oil crisis was largely to blame for the downturn in the United Kingdom, just as it was in the US, although an additional crisis came in the form of the
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The U.S. Bureau of Labor Statistics estimates that 2.3 million jobs were lost during the recession; at the time, this was a post-war record.
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The Labour government's tiny majority was wiped out by early 1977 as a result of by-election defeats, and Callaghan managed to form a
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came through on the morning of 1 March 1974, no party had an overall majority. The gap between Ted Heath's Tory government and the
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However, Callaghan ruled out an election in September 1978, and within weeks a series of strikes began which would spark the
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continued to rise throughout the decade, reaching a peak of about $ 73 a barrel (2010 dollars) in 1979 as a result of the
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In the first year of the Thatcher-led Tory government inflation rose to 15.3%, but then fell to 5% by the time of their
1782: 1714: 4341: 4237: 3807: 3076: 2453: 2418: 2000: 1150: 512: 168:'s first term as president, characterized by low economic growth. Although the economy was expanding from 1975 to the 75: 1887: 1882: 1841: 3931: 3916: 3781: 3295: 2637: 2413: 2383: 2348: 2057: 2032: 1809: 1596: 1514: 779: 4421: 4406: 4396: 4355: 4277: 4242: 3812: 2879: 2706: 2676: 2445: 2077: 2067: 1814: 1202: 3163: 3148: 3049: 2997: 2955: 2943: 2780: 2582: 4426: 4401: 4317: 4222: 4182: 3774: 3320: 2183: 1967: 1755: 325: 2642: 792: 721: 4416: 4411: 4391: 4282: 4272: 4267: 4247: 3797: 3325: 2587: 2388: 2072: 2062: 2052: 2047: 2037: 1428: 450: 345: 335: 3136: 1749: 1581: 1103: 66: Percent change from preceding period in real gross domestic product (annualized; seasonally adjusted) 4447: 4431: 4370: 4197: 4112: 4056: 3340: 3272: 3208: 2901: 2654: 2599: 2510: 2433: 2338: 2323: 1819: 615: 4232: 4227: 4102: 3376: 3359: 3335: 3228: 3223: 3170: 2992: 2960: 2768: 2753: 2594: 2343: 2318: 2005: 1988: 1983: 1972: 1935: 1930: 1924: 1535: 1504: 1402: 1175: 551: 184: 169: 2303: 868: 850: 832: 471:
Edward Heath's offer of a 13% pay rise was rejected by the miners, and he then responded by calling a
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The interpretation regarding the cause of stagflation was and continues to be controversial. The
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The major influence of the experience of the 1974 recession came in the form of the concept of
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Heath fought to keep the Tories in government by attempting to form a coalition with the
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There was also double-digit inflation during this period, which peaked at more than 20%.
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for a multibillion-pound bail-out in an attempt to bolster Britain's flagging economy.
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Economist in an Uncertain World: Arthur F. Burns and the Federal Reserve, 1970–1978
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adjusted its mandate as a result, believing that the inflation-unemployment
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where unemployment peaked at 10.8% in November and December 1982; the
56:, the Recession of 1973–75 in the United States could be considered a 912:"Labour Market Statistics: Unemployment by Duration (Edition 2015)" 725: 748:"Unemployment continued to rise in 1982 as the recession deepened" 459: 152:
The recession in the United States lasted from November 1973 (the
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A History of the Federal Reserve – Volume 2, Book 2: 1970–1986
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Harold Wilson as prime minister in March 1976, his successor
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presidency), and its effects on the US were felt through the
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increased competition in the metal industry, triggering a
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Labor Force Statistics from the Current Population Survey
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sparked the collapse of the Labour government and in the
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Small Countries in the World Economy: The Case of Sweden
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Small Economies in the World Economy: The Case of Sweden
819:"Lessons to be learnt from rampant inflation of the 70s" 614:, that is, inflation during a period of recession. The 964:. Institute for Research on Public Policy. p. 34. 1018:. Institute for Research on Public Policy. p. 42. 191:, where unemployment peaked at 25% in 1933; and the 4440: 4384: 4348: 4336: 4075: 4049: 4011: 3286: 3189: 3117: 3018: 2929: 2811: 2692: 2608: 2531: 2479: 2399: 2264: 2239: 2015: 1951: 1896: 1850: 1765: 1680: 1627: 1534: 1503: 438:The recession also lasted from 1973 to 1975 in the 89:was a period of economic stagnation in much of the 27:Period of economic stagnation in the Western world 995:. Federal Reserve Bank of St. Louis. January 1955 722:"NBER Business Cycle Expansions and Contractions" 503:on 10 October by a majority of just three seats. 539:in May that year, the Tories returned to power. 93:during the 1970s, putting an end to the overall 1067:"The Federal Reserve Board Responds to Bankers" 495:and offering a cabinet post to Liberal leader 2469:Drafting and ratification of the Constitution 2184: 1235: 562:that unemployment fell to the level in 1979. 419: 195:where unemployment peaked at 14.7% in 2020.) 8: 3393:Dobbs v. Jackson Women's Health Organization 550:policies designed to curb inflation caused 4008: 3997: 3759: 3421: 2236: 2225: 2191: 2177: 2169: 1242: 1228: 1220: 426: 412: 202: 2917:Atomic bombings of Hiroshima and Nagasaki 1031:"The Recession and Recovery of 1973–1976" 1029:Zarnowsky, Victor H.; Moore, Geoffrey H. 663:List of recessions in the United Kingdom 623:Reserve deviated from its prior policy. 3072:Assassination of Martin Luther King Jr. 1071:Center for Economic and Policy Research 683: 658:List of recessions in the United States 205: 7: 1104:"A Postmortem of the 1974 Recession" 1038:National Bureau of Economic Research 869:"1979: Thatcher wins Tory landslide" 276:Prime Minister of the United Kingdom 95:post–World War II economic expansion 1171:Volcker: The Triumph of Persistence 817:Stevenson, Tom (11 February 2012). 691:Martha C. White (12 January 2009). 2759:Pendleton Civil Service Reform Act 2749:Assassination of James A. Garfield 1546:British credit crisis of 1772–1773 326:Decriminalisation of homosexuality 170:first recession of the early 1980s 72: Average GDP growth 1947–2009 25: 2791:Assassination of William McKinley 1259:Commonwealth of Nations countries 1091:. Federal Reserve Bank of Boston. 833:"1974 Feb: Hung parliament looms" 782:. Retrieved on 19 September 2009 531:issued by Tory opposition leader 164:presidency until the mid-term of 4498: 4489: 4488: 4453: 4452: 3010:Assassination of John F. Kennedy 2803:Nadir of American race relations 2682:Assassination of Abraham Lincoln 1122:"Oil Price History and Analysis" 851:"1974 Oct: Wilson makes it four" 399: 393: 210: 4565:Recessions in the United States 2712:First transcontinental railroad 1255:recessions in the United States 156:presidency) to March 1975 (the 36:US unemployment rate, 1969–1981 993:"Consumer Price Index: Sweden" 367:February 1974 general election 139:newly industrialized countries 1: 1054:. Bureau of Labor Statistics. 382:October 1974 general election 3880:Hispanic and Latino American 2734:Second Industrial Revolution 2568:Nat Turner's slave rebellion 2274:Exploration of North America 2200:History of the United States 1109:. The Brookings Institution. 798:. Bureau of Labor Statistics 793:"The Recession of 2007-2009" 149:made the recession evident. 4570:Presidency of Richard Nixon 3404:Indictments of Donald Trump 2595:First Industrial Revolution 2429:Declaration of Independence 2419:Second Continental Congress 2001:1997 Asian financial crisis 1634:Civil War-era United States 1168:Silber, William L. (2012). 1151:University of Chicago Press 513:International Monetary Fund 305:Decimalisation announcement 76:Bureau of Economic Analysis 4591: 3296:Killing of Osama bin Laden 2384:First Continental Congress 1777:Post–World War I recession 1597:Post-Napoleonic Depression 780:Bureau of Labor Statistics 755:Bureau of Labor Statistics 511:was forced to call on the 300:Abolition of death penalty 147:1973–74 stock market crash 117:Among the causes were the 4575:Presidency of Gerald Ford 4555:1975 in the United States 4550:1974 in the United States 4545:1973 in the United States 4525:1970s in economic history 4474: 4007: 3996: 3769: 3758: 3431: 3420: 2880:Wall Street Crash of 1929 2677:Emancipation Proclamation 2446:Articles of Confederation 2284:Native American epidemics 2235: 2224: 2206: 1687:2nd Industrial Revolution 1620:(1836–1838 and 1839–1843) 1536:1st Industrial Revolution 1304:Price-and-wage stickiness 1265: 1203:Columbia University Press 4540:1975 in economic history 4535:1974 in economic history 4530:1973 in economic history 4366:Northern Mariana Islands 2939:Strike wave of 1945–1946 1968:1990s United States boom 1756:Financial crisis of 1914 1197:Wells, Wyatt C. (1994). 265:1963 leadership election 260:1960 leadership election 219:This article is part of 109:existed simultaneously. 18:Stagflation of the 1970s 3901:Middle Eastern American 3718:Technology and industry 2588:Seneca Falls Convention 2389:Continental Association 2289:Settlement of Jamestown 1783:Depression of 1920–1921 1715:Depression of 1882–1885 1629:Early Victorian Britain 1364:Real and nominal values 1126:www.wtrg.com/prices.htm 1014:Horváth, Dezsö (1982). 958:Horváth, Dezsö (1982). 529:a vote of no confidence 346:Divorce Reform Act 1969 336:Race Relations Act 1968 4021:Admission to the Union 3387:Afghanistan withdrawal 3382:January 6 insurrection 3301:Rise in mass shootings 3273:Virginia Tech shooting 2826:Paris Peace Conference 2600:Second Great Awakening 2339:American Enlightenment 1888:Recession of 1969–1970 1883:Recession of 1960–1961 1842:Recession of 1937–1938 757:. U.S. Bureau of Labor 724:. NBER. Archived from 546:in 1983. However, the 465: 362:Third and fourth terms 129:, and the fall of the 121:, the deficits of the 78: 45: 37: 4013:Territorial evolution 3377:George Floyd Protests 3360:Unite the Right rally 3229:Oklahoma City bombing 3224:Republican Revolution 3171:Space Shuttle program 2993:Civil Rights Movement 2961:North Atlantic Treaty 2769:Sherman Antitrust Act 2754:Chinese Exclusion Act 2344:French and Indian War 2334:Prelude to Revolution 2319:First Great Awakening 2279:European colonization 2006:Early 2000s recession 1973:Early 1990s recession 1925:Early 1980s recession 1505:Commercial revolution 1403:Nominal interest rate 463: 356:1970 general election 310:1966 general election 270:1964 general election 185:early 1980s recession 51: 43: 35: 3927:Palestinian American 3354:Obergefell v. 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The price of 428: 421: 414: 403: 397: 396: 351:Operation Banner 232: 231: 229: 222: 214: 207: 206: 203: 189:Great Depression 101:, in which high 71: 65: 54:recession shapes 21: 4590: 4589: 4585: 4584: 4583: 4581: 4580: 4579: 4515: 4514: 4513: 4508: 4462: 4436: 4380: 4344: 4332: 4071: 4045: 4003: 3988: 3894:Jewish American 3867:Polish American 3808:Korean American 3798:Indian American 3765: 3750: 3605:Merchant Marine 3575:Law enforcement 3427: 3408: 3282: 3278:Great Recession 3185: 3159:Reagan Doctrine 3113: 3092:Stonewall riots 3014: 2988:Project Mercury 2949:Truman Doctrine 2925: 2833:First Red Scare 2807: 2776:Progressive Era 2688: 2648:Bleeding Kansas 2604: 2551:Monroe Doctrine 2527: 2475: 2434:Treaty of Paris 2395: 2369:Boston Massacre 2364:Sons of Liberty 2260: 2231: 2220: 2202: 2197: 2167: 2162: 2027:Great Recession 2019: 2017:Information Age 2011: 1960: 1956: 1947: 1900: 1898:Great Inflation 1892: 1854: 1846: 1769: 1767:Interwar period 1761: 1697:Long Depression 1689: 1685: 1676: 1636: 1632: 1623: 1538: 1530: 1507: 1499: 1464:U.S. recessions 1459:U.K. recessions 1391:U.S. expansions 1261: 1248: 1213: 1196: 1190: 1167: 1161: 1141: 1138: 1136:Further reading 1133: 1119: 1118: 1114: 1106: 1101: 1100: 1096: 1088: 1083: 1082: 1078: 1064: 1063: 1059: 1050: 1049: 1045: 1033: 1028: 1027: 1023: 1013: 1012: 1008: 998: 996: 991: 990: 986: 976: 974: 972: 957: 956: 952: 942: 940: 932: 931: 927: 910: 909: 905: 895: 893: 885: 884: 880: 875:. 5 April 2005. 867: 866: 862: 857:. 5 April 2005. 849: 848: 844: 839:. 5 April 2005. 831: 830: 826: 816: 815: 811: 801: 799: 795: 791: 790: 786: 774: 770: 760: 758: 750: 746: 745: 741: 731: 729: 720: 719: 715: 708: 704: 690: 689: 685: 681: 649: 616:Federal Reserve 596: 568: 509:James Callaghan 501:second election 453:prime minister 432: 394: 391: 363: 360: 341:Open University 317: 314: 281: 278: 277: 274: 256: 253: 227: 225: 224: 223: 220: 218: 201: 119:1973 oil crisis 115: 87:1970s recession 73: 69: 67: 63: 61: 28: 23: 22: 15: 12: 11: 5: 4588: 4586: 4578: 4577: 4572: 4567: 4562: 4557: 4552: 4547: 4542: 4537: 4532: 4527: 4517: 4516: 4510: 4509: 4507: 4506: 4496: 4486: 4484:Historiography 4481: 4475: 4472: 4471: 4468: 4467: 4464: 4463: 4461: 4460: 4450: 4444: 4442: 4438: 4437: 4435: 4434: 4429: 4424: 4422:Navassa Island 4419: 4414: 4409: 4407:Johnston Atoll 4404: 4399: 4397:Howland Island 4394: 4388: 4386: 4382: 4381: 4379: 4378: 4373: 4368: 4363: 4358: 4356:American Samoa 4352: 4350: 4346: 4345: 4340: 4338: 4334: 4333: 4331: 4330: 4325: 4320: 4315: 4310: 4305: 4300: 4295: 4290: 4285: 4280: 4278:South Carolina 4275: 4270: 4265: 4260: 4255: 4250: 4245: 4243:North Carolina 4240: 4235: 4230: 4225: 4220: 4215: 4210: 4205: 4200: 4195: 4190: 4185: 4180: 4175: 4170: 4165: 4160: 4155: 4150: 4145: 4140: 4135: 4130: 4125: 4120: 4115: 4110: 4105: 4100: 4095: 4090: 4085: 4079: 4077: 4073: 4072: 4070: 4069: 4067:The West Coast 4064: 4059: 4053: 4051: 4047: 4046: 4044: 4043: 4041:Indian removal 4038: 4033: 4028: 4023: 4017: 4015: 4005: 4004: 4001: 3994: 3993: 3990: 3989: 3987: 3986: 3985: 3984: 3979: 3974: 3962: 3955: 3954: 3953: 3948: 3936: 3935: 3934: 3932:Saudi American 3929: 3924: 3919: 3917:Iraqi American 3914: 3909: 3897: 3890: 3889: 3888: 3876: 3875: 3874: 3869: 3864: 3859: 3854: 3852:Irish American 3849: 3844: 3839: 3834: 3822: 3821: 3820: 3815: 3810: 3805: 3800: 3795: 3790: 3782:Asian American 3778: 3770: 3767: 3766: 3763: 3756: 3755: 3752: 3751: 3749: 3748: 3747: 3746: 3741: 3736: 3731: 3726: 3714: 3713: 3712: 3710:Sexual slavery 3700: 3693: 3686: 3685: 3684: 3679: 3674: 3669: 3664: 3659: 3647: 3646: 3645: 3640: 3635: 3630: 3625: 3620: 3608: 3601: 3594: 3593: 3592: 3587: 3582: 3580:Postal service 3577: 3572: 3570:Foreign policy 3567: 3562: 3557: 3552: 3547: 3542: 3537: 3525: 3518: 3517: 3516: 3504: 3503: 3502: 3490: 3489: 3488: 3476: 3475: 3474: 3469: 3464: 3459: 3447: 3440: 3432: 3429: 3428: 3425: 3418: 3417: 3414: 3413: 3410: 3409: 3407: 3406: 3401: 3396: 3389: 3384: 3379: 3374: 3373: 3372: 3362: 3357: 3350: 3345: 3344: 3343: 3338: 3333: 3328: 3323: 3318: 3313: 3308: 3298: 3292: 3290: 3284: 3283: 3281: 3280: 3275: 3270: 3265: 3264: 3263: 3258: 3248: 3243: 3236: 3231: 3226: 3221: 3216: 3211: 3206: 3201: 3195: 3193: 3187: 3186: 3184: 3183: 3178: 3173: 3168: 3167: 3166: 3161: 3156: 3146: 3144:Crack epidemic 3141: 3140: 3139: 3134: 3123: 3121: 3115: 3114: 3112: 3111: 3109:Moral Majority 3106: 3101: 3096: 3095: 3094: 3087:Gay liberation 3084: 3079: 3077:Counterculture 3074: 3069: 3068: 3067: 3065:Fall of Saigon 3062: 3057: 3047: 3046: 3045: 3043:Apollo program 3040: 3038:Project Gemini 3030: 3024: 3022: 3016: 3015: 3013: 3012: 3007: 3006: 3005: 2995: 2990: 2985: 2980: 2979: 2978: 2973: 2968: 2963: 2956:Early Cold War 2953: 2952: 2951: 2941: 2935: 2933: 2927: 2926: 2924: 2923: 2922: 2921: 2920: 2919: 2909: 2904: 2894: 2893: 2892: 2887: 2882: 2872: 2871: 2870: 2865: 2860: 2855: 2850: 2845: 2835: 2830: 2829: 2828: 2817: 2815: 2809: 2808: 2806: 2805: 2800: 2799: 2798: 2793: 2788: 2783: 2773: 2772: 2771: 2766: 2761: 2756: 2751: 2746: 2736: 2731: 2730: 2729: 2724: 2719: 2714: 2709: 2698: 2696: 2690: 2689: 2687: 2686: 2685: 2684: 2679: 2669: 2668: 2667: 2662: 2657: 2652: 2651: 2650: 2640: 2635: 2628:Prelude to War 2625: 2620: 2618:Antebellum Era 2614: 2612: 2606: 2605: 2603: 2602: 2597: 2592: 2591: 2590: 2585: 2580: 2575: 2570: 2565: 2563:Trail of Tears 2558:Jacksonian era 2555: 2554: 2553: 2548: 2537: 2535: 2529: 2528: 2526: 2525: 2524: 2523: 2518: 2508: 2507: 2506: 2501: 2494:Federalist Era 2491: 2489:Bill of Rights 2485: 2483: 2477: 2476: 2474: 2473: 2472: 2471: 2466: 2461: 2456: 2451: 2438: 2437: 2436: 2431: 2426: 2424:Lee Resolution 2421: 2416: 2405: 2403: 2397: 2396: 2394: 2393: 2392: 2391: 2386: 2381: 2376: 2371: 2366: 2361: 2356: 2351: 2346: 2341: 2331: 2326: 2321: 2316: 2311: 2306: 2301: 2296: 2291: 2286: 2281: 2276: 2270: 2268: 2262: 2261: 2259: 2258: 2251: 2243: 2241: 2233: 2232: 2229: 2222: 2221: 2219: 2218: 2213: 2207: 2204: 2203: 2198: 2196: 2195: 2188: 2181: 2173: 2164: 2163: 2161: 2160: 2159: 2158: 2153: 2148: 2146:United Kingdom 2143: 2138: 2133: 2128: 2123: 2118: 2113: 2108: 2103: 2098: 2087: 2086: 2085: 2080: 2078:United Kingdom 2075: 2070: 2065: 2060: 2055: 2050: 2045: 2040: 2035: 2023: 2021: 2020:(2007–present) 2013: 2012: 2010: 2009: 2003: 1998: 1997: 1996: 1991: 1989:United Kingdom 1986: 1981: 1970: 1964: 1962: 1949: 1948: 1946: 1945: 1944: 1943: 1938: 1936:United Kingdom 1933: 1922: 1921: 1920: 1915: 1913:United Kingdom 1904: 1902: 1894: 1893: 1891: 1890: 1885: 1880: 1874: 1868: 1862: 1858: 1856: 1848: 1847: 1845: 1844: 1839: 1838: 1837: 1832: 1830:United Kingdom 1827: 1822: 1817: 1812: 1807: 1796: 1793: 1790: 1785: 1780: 1773: 1771: 1763: 1762: 1760: 1759: 1753: 1747: 1741: 1735: 1732: 1726: 1720: 1717: 1712: 1711: 1710: 1705: 1703:United Kingdom 1693: 1691: 1678: 1677: 1675: 1674: 1668: 1662: 1659: 1653: 1650: 1644: 1640: 1638: 1625: 1624: 1622: 1621: 1615: 1612: 1609: 1603: 1600: 1594: 1591: 1588: 1585: 1579: 1569: 1566: 1565: 1564: 1559: 1554: 1542: 1540: 1532: 1531: 1529: 1528: 1523: 1518: 1511: 1509: 1501: 1500: 1498: 1497: 1496: 1495: 1485: 1484: 1483: 1478: 1468: 1467: 1466: 1461: 1456: 1451: 1446: 1441: 1436: 1431: 1421: 1420: 1419: 1410: 1405: 1395: 1394: 1393: 1388: 1383: 1373: 1372: 1371: 1366: 1361: 1356: 1351: 1342: 1337: 1332: 1318: 1316:Business cycle 1313: 1312: 1311: 1306: 1301: 1296: 1294:Overproduction 1291: 1286: 1281: 1266: 1263: 1262: 1249: 1247: 1246: 1239: 1232: 1224: 1218: 1217: 1212:978-0231084963 1211: 1194: 1189:978-1608190706 1188: 1165: 1160:978-0226213514 1159: 1137: 1134: 1132: 1131: 1112: 1102:Okun, Arthur. 1094: 1076: 1057: 1043: 1021: 1006: 984: 970: 950: 938:www.ons.gov.uk 925: 903: 891:www.ons.gov.uk 878: 860: 842: 824: 809: 784: 768: 739: 728:on 5 July 2007 713: 702: 682: 680: 677: 676: 675: 670: 668:Phillips curve 665: 660: 655: 648: 645: 595: 592: 567: 564: 447:Three-Day Week 440:United Kingdom 434: 433: 431: 430: 423: 416: 408: 405: 404: 390: 389: 384: 379: 374: 369: 361: 359: 358: 353: 348: 343: 338: 333: 328: 323: 315: 313: 312: 307: 302: 297: 292: 290:Circular 10/65 287: 279: 275: 273: 272: 267: 262: 254: 252: 251: 246: 238: 237: 234: 233: 221:a series about 217: 215: 200: 199:United Kingdom 197: 114: 111: 68: 62: 26: 24: 14: 13: 10: 9: 6: 4: 3: 2: 4587: 4576: 4573: 4571: 4568: 4566: 4563: 4561: 4558: 4556: 4553: 4551: 4548: 4546: 4543: 4541: 4538: 4536: 4533: 4531: 4528: 4526: 4523: 4522: 4520: 4505: 4501: 4497: 4495: 4487: 4485: 4482: 4480: 4479:List of years 4477: 4476: 4473: 4459: 4451: 4449: 4448:Urban history 4446: 4445: 4443: 4439: 4433: 4430: 4428: 4427:Palmyra Atoll 4425: 4423: 4420: 4418: 4415: 4413: 4410: 4408: 4405: 4403: 4402:Jarvis Island 4400: 4398: 4395: 4393: 4390: 4389: 4387: 4383: 4377: 4374: 4372: 4369: 4367: 4364: 4362: 4359: 4357: 4354: 4353: 4351: 4349:Insular areas 4347: 4343: 4339: 4335: 4329: 4326: 4324: 4321: 4319: 4318:West Virginia 4316: 4314: 4311: 4309: 4306: 4304: 4301: 4299: 4296: 4294: 4291: 4289: 4286: 4284: 4281: 4279: 4276: 4274: 4271: 4269: 4266: 4264: 4261: 4259: 4256: 4254: 4251: 4249: 4246: 4244: 4241: 4239: 4236: 4234: 4231: 4229: 4226: 4224: 4223:New Hampshire 4221: 4219: 4216: 4214: 4211: 4209: 4206: 4204: 4201: 4199: 4196: 4194: 4191: 4189: 4186: 4184: 4183:Massachusetts 4181: 4179: 4176: 4174: 4171: 4169: 4166: 4164: 4161: 4159: 4156: 4154: 4151: 4149: 4146: 4144: 4141: 4139: 4136: 4134: 4131: 4129: 4126: 4124: 4121: 4119: 4116: 4114: 4111: 4109: 4106: 4104: 4101: 4099: 4096: 4094: 4091: 4089: 4086: 4084: 4081: 4080: 4078: 4074: 4068: 4065: 4063: 4060: 4058: 4055: 4054: 4052: 4048: 4042: 4039: 4037: 4034: 4032: 4029: 4027: 4024: 4022: 4019: 4018: 4016: 4014: 4010: 4006: 3999: 3995: 3983: 3980: 3978: 3975: 3973: 3970: 3969: 3968: 3967: 3963: 3961: 3960: 3956: 3952: 3949: 3947: 3944: 3943: 3942: 3941: 3937: 3933: 3930: 3928: 3925: 3923: 3920: 3918: 3915: 3913: 3910: 3908: 3905: 3904: 3903: 3902: 3898: 3896: 3895: 3891: 3887: 3884: 3883: 3882: 3881: 3877: 3873: 3870: 3868: 3865: 3863: 3860: 3858: 3855: 3853: 3850: 3848: 3845: 3843: 3840: 3838: 3835: 3833: 3830: 3829: 3828: 3827: 3823: 3819: 3816: 3814: 3813:Thai American 3811: 3809: 3806: 3804: 3801: 3799: 3796: 3794: 3791: 3789: 3786: 3785: 3784: 3783: 3779: 3777: 3776: 3772: 3771: 3768: 3761: 3757: 3745: 3742: 3740: 3737: 3735: 3732: 3730: 3727: 3725: 3722: 3721: 3720: 3719: 3715: 3711: 3708: 3707: 3706: 3705: 3701: 3699: 3698: 3694: 3692: 3691: 3687: 3683: 3680: 3678: 3675: 3673: 3670: 3668: 3665: 3663: 3660: 3658: 3655: 3654: 3653: 3652: 3651:Party Systems 3648: 3644: 3641: 3639: 3636: 3634: 3631: 3629: 3626: 3624: 3621: 3619: 3616: 3615: 3614: 3613: 3609: 3607: 3606: 3602: 3600: 3599: 3595: 3591: 3590:Voting rights 3588: 3586: 3583: 3581: 3578: 3576: 3573: 3571: 3568: 3566: 3563: 3561: 3558: 3556: 3553: 3551: 3548: 3546: 3543: 3541: 3538: 3536: 3533: 3532: 3531: 3530: 3526: 3524: 3523: 3519: 3515: 3512: 3511: 3510: 3509: 3505: 3501: 3498: 3497: 3496: 3495: 3491: 3487: 3484: 3483: 3482: 3481: 3477: 3473: 3470: 3468: 3465: 3463: 3460: 3458: 3455: 3454: 3453: 3452: 3448: 3446: 3445: 3441: 3439: 3438: 3434: 3433: 3430: 3423: 3419: 3405: 3402: 3400: 3397: 3395: 3394: 3390: 3388: 3385: 3383: 3380: 3378: 3375: 3371: 3368: 3367: 3366: 3363: 3361: 3358: 3356: 3355: 3351: 3349: 3346: 3342: 3339: 3337: 3334: 3332: 3329: 3327: 3324: 3322: 3319: 3317: 3314: 3312: 3309: 3307: 3304: 3303: 3302: 3299: 3297: 3294: 3293: 3291: 3289: 3285: 3279: 3276: 3274: 3271: 3269: 3266: 3262: 3259: 3257: 3254: 3253: 3252: 3251:War on terror 3249: 3247: 3244: 3242: 3241: 3237: 3235: 3232: 3230: 3227: 3225: 3222: 3220: 3217: 3215: 3212: 3210: 3207: 3205: 3202: 3200: 3197: 3196: 3194: 3192: 3188: 3182: 3179: 3177: 3174: 3172: 3169: 3165: 3162: 3160: 3157: 3155: 3152: 3151: 3150: 3149:Late Cold War 3147: 3145: 3142: 3138: 3135: 3133: 3130: 3129: 3128: 3125: 3124: 3122: 3120: 3116: 3110: 3107: 3105: 3102: 3100: 3097: 3093: 3090: 3089: 3088: 3085: 3083: 3080: 3078: 3075: 3073: 3070: 3066: 3063: 3061: 3058: 3056: 3053: 3052: 3051: 3048: 3044: 3041: 3039: 3036: 3035: 3034: 3031: 3029: 3028:Great Society 3026: 3025: 3023: 3021: 3017: 3011: 3008: 3004: 3001: 3000: 2999: 2996: 2994: 2991: 2989: 2986: 2984: 2983:Post-war boom 2981: 2977: 2974: 2972: 2969: 2967: 2964: 2962: 2959: 2958: 2957: 2954: 2950: 2947: 2946: 2945: 2942: 2940: 2937: 2936: 2934: 2932: 2928: 2918: 2915: 2914: 2913: 2910: 2908: 2905: 2903: 2900: 2899: 2898: 2895: 2891: 2888: 2886: 2883: 2881: 2878: 2877: 2876: 2873: 2869: 2866: 2864: 2861: 2859: 2856: 2854: 2851: 2849: 2846: 2844: 2841: 2840: 2839: 2836: 2834: 2831: 2827: 2824: 2823: 2822: 2819: 2818: 2816: 2814: 2810: 2804: 2801: 2797: 2794: 2792: 2789: 2787: 2784: 2782: 2779: 2778: 2777: 2774: 2770: 2767: 2765: 2762: 2760: 2757: 2755: 2752: 2750: 2747: 2745: 2742: 2741: 2740: 2737: 2735: 2732: 2728: 2725: 2723: 2720: 2718: 2715: 2713: 2710: 2708: 2705: 2704: 2703: 2700: 2699: 2697: 2695: 2691: 2683: 2680: 2678: 2675: 2674: 2673: 2670: 2666: 2663: 2661: 2658: 2656: 2653: 2649: 2646: 2645: 2644: 2641: 2639: 2636: 2634: 2631: 2630: 2629: 2626: 2624: 2621: 2619: 2616: 2615: 2613: 2611: 2607: 2601: 2598: 2596: 2593: 2589: 2586: 2584: 2581: 2579: 2576: 2574: 2571: 2569: 2566: 2564: 2561: 2560: 2559: 2556: 2552: 2549: 2547: 2544: 2543: 2542: 2539: 2538: 2536: 2534: 2530: 2522: 2519: 2517: 2514: 2513: 2512: 2509: 2505: 2502: 2500: 2497: 2496: 2495: 2492: 2490: 2487: 2486: 2484: 2482: 2478: 2470: 2467: 2465: 2462: 2460: 2457: 2455: 2452: 2450: 2447: 2444: 2443: 2442: 2439: 2435: 2432: 2430: 2427: 2425: 2422: 2420: 2417: 2415: 2412: 2411: 2410: 2407: 2406: 2404: 2402: 2398: 2390: 2387: 2385: 2382: 2380: 2377: 2375: 2372: 2370: 2367: 2365: 2362: 2360: 2357: 2355: 2352: 2350: 2347: 2345: 2342: 2340: 2337: 2336: 2335: 2332: 2330: 2327: 2325: 2322: 2320: 2317: 2315: 2312: 2310: 2307: 2305: 2302: 2300: 2297: 2295: 2292: 2290: 2287: 2285: 2282: 2280: 2277: 2275: 2272: 2271: 2269: 2267: 2263: 2257: 2256: 2252: 2250: 2249: 2245: 2244: 2242: 2238: 2234: 2227: 2223: 2217: 2214: 2212: 2209: 2208: 2205: 2201: 2194: 2189: 2187: 2182: 2180: 2175: 2174: 2171: 2157: 2154: 2152: 2151:United States 2149: 2147: 2144: 2142: 2139: 2137: 2134: 2132: 2129: 2127: 2124: 2122: 2119: 2117: 2114: 2112: 2109: 2107: 2104: 2102: 2099: 2097: 2093: 2092: 2091: 2088: 2084: 2083:United States 2081: 2079: 2076: 2074: 2071: 2069: 2066: 2064: 2061: 2059: 2056: 2054: 2051: 2049: 2046: 2044: 2041: 2039: 2036: 2034: 2030: 2029: 2028: 2025: 2024: 2022: 2018: 2014: 2007: 2004: 2002: 1999: 1995: 1994:United States 1992: 1990: 1987: 1985: 1982: 1980: 1976: 1975: 1974: 1971: 1969: 1966: 1965: 1963: 1959: 1954: 1950: 1942: 1941:United States 1939: 1937: 1934: 1932: 1928: 1927: 1926: 1923: 1919: 1918:United States 1916: 1914: 1911: 1910: 1909: 1906: 1905: 1903: 1899: 1895: 1889: 1886: 1884: 1881: 1878: 1875: 1872: 1869: 1866: 1863: 1860: 1859: 1857: 1853: 1849: 1843: 1840: 1836: 1835:United States 1833: 1831: 1828: 1826: 1823: 1821: 1818: 1816: 1813: 1811: 1808: 1806: 1802: 1801: 1800: 1797: 1794: 1791: 1789: 1786: 1784: 1781: 1778: 1775: 1774: 1772: 1768: 1764: 1757: 1754: 1751: 1748: 1745: 1744:Panic of 1907 1742: 1739: 1738:Panic of 1901 1736: 1733: 1730: 1729:Panic of 1893 1727: 1724: 1723:Baring crisis 1721: 1718: 1716: 1713: 1709: 1708:United States 1706: 1704: 1700: 1699: 1698: 1695: 1694: 1692: 1688: 1683: 1679: 1672: 1669: 1666: 1665:Panic of 1866 1663: 1660: 1657: 1656:Panic of 1857 1654: 1651: 1648: 1647:Panic of 1847 1645: 1642: 1641: 1639: 1635: 1630: 1626: 1619: 1618:Panic of 1837 1616: 1613: 1610: 1607: 1606:Panic of 1825 1604: 1601: 1598: 1595: 1592: 1589: 1586: 1583: 1580: 1577: 1576:Panic of 1792 1573: 1570: 1567: 1563: 1560: 1558: 1555: 1553: 1549: 1548: 1547: 1544: 1543: 1541: 1537: 1533: 1527: 1524: 1522: 1521:Slump of 1706 1519: 1516: 1513: 1512: 1510: 1506: 1502: 1494: 1491: 1490: 1489: 1486: 1482: 1479: 1477: 1474: 1473: 1472: 1469: 1465: 1462: 1460: 1457: 1455: 1452: 1450: 1447: 1445: 1442: 1440: 1437: 1435: 1432: 1430: 1429:Balance sheet 1427: 1426: 1425: 1422: 1418: 1414: 1411: 1409: 1406: 1404: 1401: 1400: 1399: 1398:Interest rate 1396: 1392: 1389: 1387: 1384: 1382: 1379: 1378: 1377: 1374: 1370: 1367: 1365: 1362: 1360: 1357: 1355: 1352: 1350: 1346: 1343: 1341: 1338: 1336: 1333: 1331: 1328: 1327: 1326: 1322: 1319: 1317: 1314: 1310: 1307: 1305: 1302: 1300: 1297: 1295: 1292: 1290: 1287: 1285: 1282: 1280: 1277: 1276: 1275: 1271: 1268: 1267: 1264: 1260: 1256: 1252: 1245: 1240: 1238: 1233: 1231: 1226: 1225: 1222: 1214: 1208: 1204: 1200: 1195: 1191: 1185: 1181: 1177: 1173: 1172: 1166: 1162: 1156: 1152: 1148: 1144: 1140: 1139: 1135: 1127: 1123: 1116: 1113: 1105: 1098: 1095: 1087: 1080: 1077: 1072: 1068: 1065:Baker, Dean. 1061: 1058: 1053: 1047: 1044: 1039: 1032: 1025: 1022: 1017: 1010: 1007: 994: 988: 985: 973: 971:9780886450632 967: 963: 962: 954: 951: 939: 935: 929: 926: 921: 917: 913: 907: 904: 892: 888: 882: 879: 874: 870: 864: 861: 856: 852: 846: 843: 838: 834: 828: 825: 820: 813: 810: 794: 788: 785: 781: 777: 772: 769: 756: 749: 743: 740: 727: 723: 717: 714: 711: 706: 703: 698: 697:The Big Money 694: 687: 684: 678: 674: 671: 669: 666: 664: 661: 659: 656: 654: 651: 650: 646: 644: 642: 638: 634: 629: 624: 621: 617: 613: 608: 605: 601: 600:United States 593: 591: 587: 585: 584:public sector 581: 577: 571: 565: 563: 561: 557: 553: 549: 545: 540: 538: 534: 530: 526: 521: 516: 514: 510: 504: 502: 498: 497:Jeremy Thorpe 494: 493:Liberal Party 489: 487: 486:1970 election 483: 482:Harold Wilson 479: 474: 473:snap election 469: 462: 458: 456: 452: 448: 443: 441: 429: 424: 422: 417: 415: 410: 409: 407: 406: 402: 398: 388: 385: 383: 380: 378: 375: 373: 370: 368: 365: 364: 357: 354: 352: 349: 347: 344: 342: 339: 337: 334: 332: 329: 327: 324: 322: 319: 318: 311: 308: 306: 303: 301: 298: 296: 293: 291: 288: 286: 283: 282: 271: 268: 266: 263: 261: 258: 257: 250: 249:MP for Huyton 247: 245: 242: 241: 240: 239: 230: 228:Harold Wilson 216: 213: 209: 208: 204: 198: 196: 194: 190: 186: 182: 176: 173: 171: 167: 166:Ronald Reagan 163: 159: 155: 154:Richard Nixon 150: 148: 144: 140: 136: 132: 128: 124: 120: 113:United States 112: 110: 108: 104: 100: 96: 92: 91:Western world 88: 84: 77: 59: 55: 50: 42: 34: 30: 19: 4417:Midway Atoll 4412:Kingman Reef 4392:Baker Island 4371:Puerto Rico 4283:South Dakota 4273:Rhode Island 4268:Pennsylvania 4248:North Dakota 3964: 3957: 3938: 3899: 3892: 3878: 3824: 3780: 3773: 3716: 3702: 3695: 3688: 3649: 3623:Marine Corps 3610: 3603: 3596: 3560:Debt ceiling 3545:Civil Rights 3527: 3520: 3506: 3492: 3478: 3449: 3444:Antisemitism 3442: 3435: 3391: 3352: 3288:2008–present 3240:Bush v. Gore 3238: 3176:War on drugs 3050:Mid Cold War 2902:Pearl Harbor 2897:World War II 2717:Ku Klux Klan 2314:Dummer's War 2253: 2246: 2240:Pre-Colonial 2068:South Africa 1917: 1912: 1907: 1825:South Africa 1671:Black Friday 1488:Unemployment 1345:Money supply 1340:Disinflation 1284:General glut 1201:. New York: 1198: 1174:. New York: 1170: 1146: 1125: 1115: 1097: 1079: 1060: 1046: 1024: 1015: 1009: 997:. Retrieved 987: 975:. Retrieved 960: 953: 941:. Retrieved 937: 928: 906: 894:. Retrieved 890: 881: 872: 863: 854: 845: 836: 827: 812: 802:27 September 800:. Retrieved 787: 771: 759:. Retrieved 754: 742: 730:. Retrieved 726:the original 716: 710:"Stagflation 705: 696: 686: 673:Steel crisis 625: 609: 597: 588: 572: 569: 544:election win 541: 517: 505: 490: 470: 467: 455:Edward Heath 451:Conservative 444: 437: 392: 376: 244:Labour Party 177: 174: 162:Jimmy Carter 151: 143:steel crisis 116: 103:unemployment 86: 82: 80: 29: 4432:Wake Island 4198:Mississippi 4113:Connecticut 4057:New England 3724:Agriculture 3643:Coast Guard 3638:Space Force 3486:Immigration 3214:WTC bombing 3132:Reaganomics 3060:Vietnam War 2976:McCarthyism 2858:Second Klan 2843:Prohibition 2821:World War I 2796:Square Deal 2786:Imperialism 2521:War of 1812 2248:Prehistoric 2136:New Zealand 2094:2020–2022; 2058:New Zealand 2031:2007–2009; 1977:1990–1991; 1961:(1982–2007) 1929:1980–1982; 1901:(1973–1982) 1879:(1957–1958) 1873:(1953–1954) 1867:(1948–1949) 1855:(1945–1973) 1820:New Zealand 1803:1929–1939; 1779:(1918–1919) 1770:(1918–1939) 1752:(1910–1912) 1746:(1907–1908) 1740:(1902–1904) 1731:(1893–1897) 1725:(1890–1891) 1701:1873–1879; 1690:(1870–1914) 1673:(1869–1870) 1667:(1865–1867) 1658:(1857–1858) 1649:(1847–1848) 1637:(1840–1870) 1608:(1825–1826) 1599:(1815–1821) 1584:(1796–1799) 1578:(1789–1793) 1550:1772–1774; 1539:(1760–1840) 1517:(1430–1490) 1515:Great Slump 1508:(1000–1760) 1454:Stagflation 1413:Yield curve 1359:Price level 1178:. pp.  1149:. Chicago: 943:30 December 896:30 December 628:oil embargo 612:stagflation 316:Second term 158:Gerald Ford 135:Nixon shock 123:Vietnam War 99:stagflation 4560:Recessions 4519:Categories 4313:Washington 4233:New Mexico 4228:New Jersey 4103:California 3598:Journalism 3550:Corruption 3529:Government 3480:Demography 3467:Newspapers 3316:Sandy Hook 3219:Waco siege 3127:Reagan era 3033:Space Race 2966:Korean War 2907:home front 2739:Gilded Age 2707:Amendments 2101:Bangladesh 2038:Bangladesh 1682:Gilded Age 1434:Depression 1386:Stagnation 761:15 October 679:References 578:, home to 560:Tony Blair 556:New Labour 548:monetarist 280:First term 133:after the 4323:Wisconsin 4288:Tennessee 4193:Minnesota 4168:Louisiana 4062:The South 3633:Air Force 3508:Education 3370:recession 3326:Las Vegas 3234:Columbine 3191:1991–2008 3119:1980–1991 3020:1964–1980 2931:1945–1964 2885:Dust Bowl 2813:1917–1945 2694:1865–1917 2672:Civil War 2665:Secession 2610:1849–1865 2533:1815–1849 2504:Quasi-War 2481:1789–1815 2401:1776–1789 2354:Sugar Act 2141:Singapore 2096:Australia 2073:Sri Lanka 2033:Australia 1979:Australia 1805:Australia 1795:1926–1927 1792:1923–1924 1758:(1913–14) 1734:1899–1900 1590:1807–1810 1587:1802–1804 1568:1785–1788 1493:Sahm rule 1424:Recession 1325:Inflation 1321:Deflation 732:1 October 520:coalition 107:inflation 105:and high 4494:Category 4308:Virginia 4258:Oklahoma 4238:New York 4213:Nebraska 4203:Missouri 4188:Michigan 4178:Maryland 4163:Kentucky 4143:Illinois 4118:Delaware 4108:Colorado 4098:Arkansas 3977:Lesbians 3951:Comanche 3946:Cherokee 3739:Medicine 3697:Genocide 3690:Religion 3612:Military 3585:Taxation 3535:Abortion 3451:Cultural 3331:Parkland 3261:Iraq War 3199:Gulf War 2971:Ivy Mike 2890:New Deal 2266:Colonial 2211:Timeline 2126:Malaysia 2111:Botswana 2063:Pakistan 2053:Malaysia 1557:Scotland 1417:Inverted 1381:Recovery 1145:(2009). 999:12 March 977:12 March 873:BBC News 855:BBC News 837:BBC News 647:See also 620:tradeoff 537:election 74:Source: 4328:Wyoming 4303:Vermont 4208:Montana 4148:Indiana 4128:Georgia 4123:Florida 4093:Arizona 4083:Alabama 4050:Regions 3972:Gay men 3744:Railway 3704:Slavery 3500:Banking 3494:Economy 3336:El Paso 3321:Orlando 3055:Détente 2216:Outline 2131:Namibia 1719:1887–88 1661:1860–61 1652:1853–54 1643:1845–46 1614:1833–34 1611:1828–29 1602:1822–23 1552:England 1444:Rolling 1330:Chronic 1180:118–133 598:In the 580:Kockums 372:Cabinet 321:Cabinet 285:Cabinet 4504:Portal 4458:Cities 4441:Cities 4263:Oregon 4218:Nevada 4158:Kansas 4133:Hawaii 4088:Alaska 4076:States 4002:Places 3764:Groups 3734:Lumber 3672:Fourth 3662:Second 3472:Sports 3457:Cinema 3426:Topics 3341:Uvalde 3311:Aurora 3306:Tucson 2230:Events 2156:Zambia 2116:Canada 2106:Belize 2043:Canada 2008:(2001) 1984:Canada 1931:Canada 1810:Canada 1481:Supply 1476:Demand 1449:Shapes 1439:Global 1349:demand 1274:Supply 1209:  1186:  1157:  968:  602:, the 558:under 478:Labour 125:under 70:  64:  4293:Texas 4173:Maine 4138:Idaho 3966:LGBTQ 3959:Women 3729:Labor 3682:Sixth 3677:Fifth 3667:Third 3657:First 3462:Music 3204:NAFTA 2121:India 2048:India 1815:India 1471:Shock 1289:Model 1107:(PDF) 1089:(PDF) 1034:(PDF) 796:(PDF) 751:(PDF) 576:Malmö 4361:Guam 4298:Utah 4253:Ohio 4153:Iowa 3628:Navy 3618:Army 3522:Flag 1861:1945 1593:1812 1257:and 1253:and 1207:ISBN 1184:ISBN 1155:ISBN 1001:2019 979:2019 966:ISBN 945:2019 898:2019 804:2012 763:2018 734:2008 81:The 2414:War 916:doi 85:or 4521:: 1182:. 1124:. 1069:. 1036:. 936:. 889:. 871:. 853:. 835:. 778:, 753:. 695:. 2192:e 2185:t 2178:v 1955:/ 1684:/ 1631:/ 1574:/ 1415:/ 1347:/ 1323:/ 1272:/ 1243:e 1236:t 1229:v 1215:. 1192:. 1163:. 1128:. 1073:. 1040:. 1003:. 981:. 947:. 922:. 918:: 900:. 821:. 806:. 765:. 736:. 699:. 427:e 420:t 413:v 20:)

Index

Stagflation of the 1970s



recession shapes
U-shaped recession
Bureau of Economic Analysis
Western world
post–World War II economic expansion
stagflation
unemployment
inflation
1973 oil crisis
Vietnam War
President Johnson
Bretton Woods system
Nixon shock
newly industrialized countries
steel crisis
1973–74 stock market crash
Richard Nixon
Gerald Ford
Jimmy Carter
Ronald Reagan
first recession of the early 1980s
late 2000s recession
early 1980s recession
Great Depression
COVID-19 recession

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