Between the 1950s and the 1980s

Question

Quizplus · Accepted Answer

A) Production in Western Europe and the United States was record-breaking reflecting the postwar economic boom.
B) A drastic increase in oil prices resulted in a setback in the postwar economic boom in the 1970s.
C) Economic successes in the West have supported constitutional democracies and paved the way for economic and political stability.
D) While economic growth was observed, unemployment remained high in the 1980s due to factors such as automation and global competition. Therefore, all of the given options are correct.