United+States+Economy+in+the+1970s

// The //// United States //// Economy is being affected by the Vietnam War. The cost for everything just went higher and prices all around the //// United States //// are rising which makes people not want to spend much money on merchandise. The fact that people don’t want to spend money the government wont get enough money and this crisis will keep getting worse. Now that the Golden age is over the //// United States //// just entered in recession. Al this has made many problems which include energy shortage, high inflation and very high unemployment. // // The war that the United Stated had just passed by had affected real bad and left many people with no money. This in now affecting many people, because they cant find jobs and wont be able to get money to support their families. If this crisis continues to develop money will be needed more and gas and food prices will increase leaving people with no money left. // Then the energy shortage will later be followed by high unemployment and inflation. People worry for this to occur because if they don’t get jobs they wont be able to live. And finally the gas price will rise and people wont have the money to pay for it and travel around to get to their destinations. We are passing by highly depression because of need of money. People don’t have jobs and others don’t want to take the hard jobs that are left. If people don’t try to start making money they wont be able to get out of this depression and need of money will increase. This has been one of the major crisis of money in the United States. Everyone hopes for this to end and for everyone to get money and for the Country to get better from this big shocking crisis. President hopes for Our country to pass through this and get better for a better future. // http://elcoushistory.tripod.com/economics1970.html //