What caused the economic downturn in western europe from the mid-1970s to the early 1980s?

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25-05-2017
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What caused the economic downturn in western europe from the mid-1970s to the early 1980s?

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andriansp andriansp · Answer 1 · 2017-06-04T16:05:37+02:00

andriansp andriansp

04-06-2017

Inflation and the rise of unemployment caused the economic downturn in western europe from the mid-1970s to the early 1980s.

Inflation caused the price of the product increased above market value and discourage any form of investment in the country while unemployment caused the people unable to obtain the products that sold in the market.

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