Title: The U.S. Economy of the1960s and 1970s
Headings: The U.S. Economy of the1960s and 1970s
The U.S. Economy of the1960s and 1970s
The 1960s' Effect on the Economy
The 1970s' Effect on the Economy

Content: The Vietnam War dragged on until 1975, President Richard Nixon (1969-1973) resigned under a cloud of impeachment charges, and a group of Americans were taken hostage at the U.S. embassy in Tehran and held for more than a year. The nation seemed unable to control events, including economic affairs. America's trade deficit swelled as low-priced and frequently high-quality imports of everything from automobiles to steel to semiconductors flooded into the United States. This article is adapted from the book "Outline of the U.S. Economy" by Conte and Karr and has been adapted with permission from the U.S. Department of State. Cite this Article
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Moffatt, Mike. " The U.S. Economy of the1960s and 1970s." ThoughtCo, Aug. 28, 2020, thoughtco.com/us-economy-in-the-1960s-and-1970s-1148142. Moffatt, Mike. ( 2020, August 28). The U.S. Economy of the1960s and 1970s.