Question

Trace In the early 1980s, what brought on the
worst economic slump in the United States since
the Great Depression?

Answer 1

Answer:

One of the reasons jobless workers are getting stuck in ... trends and policies on working people in the United States.

Explanation:

Answer 2

The worst economic slump in the 1980s since the great depression was due to the tight monetary policy in the country.

The monetary policy was tightened due to the need for a control of the inflation that was in the country.

The recession that happened was because of the disruption in global oil supply. It cause oil prices to rise by the end of 1979 and the early 1980s.

The Iranian revolution had caused oil prices to rise thereby affecting the world oil prices.

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