World History in 1978
View Paper
ESSAY DETAILS
Words: 529
Pages: 2
(approximately 235 words/page)
Pages: 2
(approximately 235 words/page)
Essay Database > History > World History
…
showed first 75 words of 529 total
Sign up for EssayTask and enjoy a huge collection of student essays, term papers and research papers. Improve your grade with our unique database!
showed first 75 words of 529 total
showed last 75 words of 529 total
…oil-producing countries raised their prices by 14.5 %. This pushed the rate of inflation in the U.S. to eight percent and depressed the value of the dollar. In fact, through 1978, the value of the U.S. dollar created an almost insoluble dilemma not only for the U.S. but the entire Western world. Most of the blame was placed on President Carter and his inexperience. However, President Carter initiated an anti-inflation policy ( Phase II ) in October.
…oil-producing countries raised their prices by 14.5 %. This pushed the rate of inflation in the U.S. to eight percent and depressed the value of the dollar. In fact, through 1978, the value of the U.S. dollar created an almost insoluble dilemma not only for the U.S. but the entire Western world. Most of the blame was placed on President Carter and his inexperience. However, President Carter initiated an anti-inflation policy ( Phase II ) in October.
