STAGFLATION
What is 1970s?
The main person(s) behind Reaganomics.
Who is Ronald Reagon?
The national crisis that was caused by a rise in technology.
What is the Tech boom?
the year the Great Recession started.
When is 2007?
An economic situation where inflation and unemployment are both high, and economic growth slows down.
What is stagflation?
How high interest was raised to combat Stagflation?
21%
The beliefs behind Reaganomics.
What are lower regulations and lower taxes?
What is 1995 to 2001?
The unemployment percentage during the Great Recession.
What is 10%?
How a nation produces goods and services and consumes them.
What is the economy?
The ban on oil that kick-started Stagflation
What is the OPEC oil embargo?
The initial phases of Reaganomics led to this.
What is unemployment?
The popping of the dot com bubble led to this economic state.
What is an economic downturn?
When a recession spreads globally it is also referred to as a...
What is a financial crisis?
An economic decline.
What is a recession?
Presidents that were elected during the 70's Stagflation
Who are Richard Nixon and Jimmy Carter?
Regeanomics wanted to lower the involvement of this type of government
What is the Federal government?
One of the main reasons the tech boom occurred. (2 possible answers)
What is being uneducated about tech? Or what is rapid tech advancement?
This US president passed an 800 billion dollar stimulus package in response to the Great Recession of 2007.
Who is Barak Obama?
A period of time in which housing prices rose rapidly.
What is the Housing Bubble?
The President of the Federal Reserve Bank from 1975 to 1979.
Who is Paul Volcker?
The positives of Reaganomics (name at least 3).
What are economic growth, job creation, lower inflation, and growth in the stock market?
What are IPOs?
These high-risk housing loans caused the collapse of the Housing market.
What are subprime mortgages?
Investors that primarily invest in early-stage companies that have been deemed to have a great outcome financially.
What are venture capitalists?