In the economic climate of the 1970s, inflation was high and unemployment rates were low. inflation and unemployment rates were low. inflation and unemployment rates were high. inflation was low and unemployment rates were high.

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Millie

24 May, 14:07

In the economic climate of the 1970s, inflation was high and unemployment rates were low. inflation and unemployment rates were low. inflation and unemployment rates were high. inflation was low and unemployment rates were high.

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Kaya · Answer 1

In the economic climate of the 1970s "inflation and unemployment rates were high" These two tend to occur together, and this is what President Reagan attempted to change.