HISTORY
THE COLD WAR ERA
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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the economic impact of a severe oil crisis
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the reaction to his pardon of Richard Nixon
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deflation, which ate away at people s savings
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his lack of respect for human rights
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Detailed explanation-1: -Double-digit inflation, slow national growth, high unemployment, a decline in the rate of growth of output per worker, and serious international economic challenges from Japan and Germany remained just a few of the problems the thirty-ninth president faced upon entry into the White House.
Detailed explanation-2: -The massive inflation and oil price shocks of the 1970’s damaged Jimmy Carter’s presidency.
Detailed explanation-3: -During Jimmy Carter’s presidency, the GDP gained 14.27%. That translates annually as GDP gained 3.43%. Here is Carter’s cumulative GDP growth performance broken out by term. During Jimmy Carter’s presidency, payrolls grew 12.82% cumulatively.
Detailed explanation-4: -March 16-Senate ratifies first Panama Treaty. September 4-Camp David Summit begins. September 17-Camp David Accords signed. October 13-Civil Service Reform Act Signed. October 15-Congress passes first energy package. December 15-Announces normalization of relations with People’s Republic of China.