What characterized the decade of the 1970s in Canada?
A)Prosperity and strong economic growth
B)Stagflation
C)Economic recovery from the 1960s depression
D)Low unemployment and high inflation

Question

Quizplus · Accepted Answer

The 1970s in Canada were characterized by stagflation, a period of high unemployment and high inflation, which made economic growth and recovery difficult. This was due in part to global economic instability, the oil crisis, and domestic political and social changes.

What Characterized the Decade of the 1970s in Canada