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24 juill. 1970 - Stagflation

Description:

The name given the economic condition throughout most of the 1970s in which prices rose rapidly (inflation) but without economic growth (stagnation). Unemployment rose along with inflation. In large part, these conditions were the economic consequences of rising oil prices.

Ajouté au bande de temps:

Date:

24 juill. 1970
Maintenaint
~ Il y a 55 ans