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The 1970's (feb 17, 1972 – jul 13, 1980)

Description:

The Stock Market loses 40% in an 18-month period, economic growth is weak, unemployment reaches the double digits, banks raise interest rates to 20%, and inflation is high. This bust period prompts government to scatter to find a way to reverse this before it's too late.

Added to timeline:

5 months ago
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Ebb and Flow of Liberal Economics
Ebb and Flow of Liberal Economics

Date:

feb 17, 1972
jul 13, 1980
~ 8 years and 4.0 months

Images:

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