Question 3 • (Galli)WCA 2221 Civics/Economics 1st nine weeks 26-27
“Stagflation” combines stagnation and inflation to describe an economy with slow growth and rising prices, a condition strongly associated with the 1970s economic crisis. The term was coined earlier, in 1965, but became widely used during the 1970s. “Influx,” “deficit,” and “programs” were already in use well before then.
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