THE 1970S 1969 1979
FOREIGN POLICIES OF PRESIDENT NIXON
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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American troops sent to fight in an unpopular war
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the massive growth of American suburbs
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the acquisition of large overseas territories
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weak economies with high unemployment
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Detailed explanation-1: -Overview. In the early 1970s, the post-World War II economic boom began to wane, due to increased international competition, the expense of the Vietnam War, and the decline of manufacturing jobs.
Detailed explanation-2: -United States. Among the causes were the 1973 oil crisis, the deficits of the Vietnam War under President Johnson, and the fall of the Bretton Woods system after the Nixon Shock.
Detailed explanation-3: -The stagflation of the 1970s, a combination of slow growth and rapidly rising prices, challenged prior assumptions, leading economists to examine the causes and policies that would end the stagnant period.
Detailed explanation-4: -The 1970s saw some of the highest rates of inflation in the United States in recent history. In turn, interest rates rose to nearly 20%. Fed policy, the abandonment of the gold window, Keynesian economic policy, and market psychology all contributed to the high inflation.