By the early 1970s, the post-World War II economic boom had crested as a result of all of the following except

Name: By the early 1970s, the post-World War II economic boom had crested as a result of all of the following except
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While all of the listed factors played a role in the end of the post-World War II economic boom, large tax increases were not a significant factor. In fact, tax cuts were implemented in the late 1960s and early 1970s in an attempt to stimulate the economy.

By the Early 1970s, the Post-World War II Economic Boom