Independence Hall Association
U.s. History: The Sickened Economy
The U.S. economy in the 1970s staggered and fell in the 1970s. Read about the reasons for the depressed economy marked by high inflation and high unemployment.
Digital History
Digital History: Foreign Competition
This site describes how by the 1970s, foreign manufacturers were embedded in the U.S. markets. For the U.S., this meant a loss of sales, a loss of jobs, and a loss of economic confidence.