The Vietnam War affected the US economy during the early 1970s by

A. lowering the deficit.

B. leading to a recession.

C. creating stagflation.

D. raising unemployment.

Question

History

Janiyah Pittman

30 August, 15:19

The Vietnam War affected the US economy during the early 1970s by

A. lowering the deficit.

B. leading to a recession.

C. creating stagflation.

D. raising unemployment.

+4

Answers (2)

Know the Answer?

Gilbert Gordon · Answer 1

The correct answer is B. The Vietnam War affected the United States economy during the early 1970s by leading to a recession.

During the war, the US government had to carry on a economy of war to solve the expenses of the conflict. Due to that reason, taxes were elevated and the monetary issue increased. That led to an almost 11% inflation during early 1970s, which generated an increasing on the unemployment rate.

Denzel Bird · Answer 2

Denzel Bird 30 August, 17:10

0

B. leading to a recession.

The Vietnam War affected the US economy during the early 1970s byA. lowering the deficit.B. leading to a recession.C. creating stagflation.D. raising unemployment.

The Vietnam War affected the US economy during the early 1970s by

A. lowering the deficit.

B. leading to a recession.

C. creating stagflation.

D. raising unemployment.