1973–75 recession
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The 1973–75 recession or 1970s recession was a period of economic stagnation in much of the Western world during the 1970s, putting an end to the overall Post–World War II economic expansion. It differed from many previous recessions by being a stagflation, where high unemployment and high inflation existed simultaneously.
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See also
- 1970s energy crisis
- List of recessions in the United States
- List of recessions in the United Kingdom
- Steel crisis
Unless indicated otherwise, the text in this article is either based on Wikipedia article "1973–75 recession" or another language Wikipedia page thereof used under the terms of the GNU Free Documentation License; or on research by Jahsonic and friends. See Art and Popular Culture's copyright notice.
