Under this condition, what is happening to economic growth?

Assignment: 70s & 80s, Day 4 - U.S. History

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•
History
•
11th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
Economic growth is decreasing
2.
FLASHCARD QUESTION
Front
When inflation occurs, what happens to the price of goods?
Back
The price of goods increases
3.
FLASHCARD QUESTION
Front
What was the Community Reinvestment Act AND why was it created?
Back
A federal law to encourage banks to help meet the credit needs of all communities, created to reduce discriminatory credit practices against low-income neighborhoods.
4.
FLASHCARD QUESTION
Front
was formed by high-producing oil countries.
Back
Organization of Petroleum Exporting Countries (OPEC)
5.
FLASHCARD QUESTION
Front
As a political move, an __________________________________________ was placed on oil going to the U.S. from oil-rich countries.
Back
Embargo
6.
FLASHCARD QUESTION
Front
Most Americans became even more __________________________________________ of the federal government after the Watergate Scandal.
Back
Skeptical
7.
FLASHCARD QUESTION
Front
When Congress heard of the cover-up scandal, they moved to impeach Nixon, but he later __________________________________________.
Back
Resigned
8.
FLASHCARD QUESTION
Front
The __________________________________________ was caused by the credibility gap between government reports and media coverage of the Vietnam War.
Back
Anti-war movement
9.
FLASHCARD QUESTION
Front
The __________________________________________ resulted in individuals losing wealth, businesses failing, and increased homelessness across the nation.
Back
Great Depression
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