Why Was Rock Popular In The 70s? Aside from disco, funk, smooth jazz, jazz fusion, and soul music remained popular throughout the decade. Rock music played an important part in the Western musical scene, with punk rock thriving throughout the mid to late 1970s. … Pop also had a popularity role in the 1970s. Was
What Contributed Most To The Economic Problems Of The 1970s? The 1970s saw some of the highest rates of inflation in the United States in recent history, with interest rates rising in turn to nearly 20%. Central bank policy, the abandonment of the gold window, Keynesian economic policy, and market psychology all contributed to this
What Are The Key Economic Problems In The 1970s? High oil prices. Inflation. Unemployment. Recession. What is the problem facing the US economy in the 1970s? Surprisingly, the United States experienced high unemployment and high inflation simultaneously in the 1970s — a phenomenon called stagflation. Experts and commoners debated the roots of this problem with