Aspects of the national economy in the 1980s included:

Question

History

Justice Boyer

20 February, 03:27

Aspects of the national economy in the 1980s included:

+3

Answers (1)

Know the Answer?

Jakob Stevens · Answer 1

The economy was going thru a recession in 1980, which caused skyrocketing interest rates and rising unemployment rates, businesses went bankrupt, and farmers were impacted as well due to falling crop prices and a decline in agricultural exports. Another aspect of the economy in 1980s include a widening of the gap between rich and poor.