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 Ford, Carter, and the Economic Malaise CCUSH #42 PBS Transcript 1. According to John at the beginning of the episode the late 1970s were truly a period of momentous change, and for most Americans ...2. The big story of the 1970s was3. What sector of the American economy had been gradually declining leading to an export deficit for the first time in the 20th century in 1971?4. The long-term process of the gradual decline of manufacturing in the US was in part due to the support of which countries following WWII?5. In what ways did American foreign policy promote the economic growth of Japan, Germany, South Korea and Taiwan while Inadvertently hurting US manufacturing?6. One reason for this deficit was because the dollar was linked to _________________, making it a strong currency but also making American products more expensive abroad.7. Which American president took the US off the gold standard in 1971?8. Besides the gold standard. Which best describes the reasons that US manufacturing struggled to compete in the new growing global economy?9. Which group of US workers saw many of their high-paying manufacturing jobs eliminated, automated or shifted to workers to lower-wage regions of the U.S., or even overseas.10. The rust belt is found in what region of the US?11. In addition to long-term structural changes to the American economy and our demographics, the 1970s saw two ____ shocks that sent the economy into a tailspin12. In 1973, in response to western support of Israel, which group of counties suspended oil exports to the U.S., which led to the price of oil quadrupling?13. The oil shocks which caused long lines for gasoline and dramatically higher oil prices caused many Americans to14. Prices of everything else went up because oil is either used for the production of or transportation of just about everything which led to widespread15. During the 1970s, inflation soared to 10% per year and economic growth slowed to 2.4%, resulting in what came to be known as16. This President is generally considered by historians to have been a failure as president, although he's often seen as a really good ex-president.17. What was the result of Jimmy Carter's Crisis of Confidence speech?18. Jimmy Carter was a liberal ideas of energy conservation like solar and Nuclear power. Though never fully caught on because of the accident at19. Which of the following is likely Jimmy Carter's greatest foreign policy achievement?20. Which of the following is likely Jimmy Carter's greatest foreign policy failure?21. Which two events in the Middle East did not help Carter's re-election chances in 1980?22. According to Crash Course could any president have fixed the economic problems of the late 1970s? ................
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