Why Was There a Slowdown in Productivity Growth in the 1970s

question 133

Multiple Choice

Why was there a slowdown in productivity growth in the 1970s?

• A) Workers had less capital to work with than in previous decades.
• B) The labor force engaged in less education and training in the 1970s.
• C) The energy price increases caused research efforts to be directed at saving energy rather than increasing productivity.
• D) The oil crisis in the 1970s decreased aggregate demand.

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Definitions:

Radical Reconstruction

The period after the American Civil War when the federal government took extensive measures to reintegrate and rebuild the Southern states, and to grant rights to freed slaves.

Interracial Governments

Governmental bodies or systems that include members of different racial or ethnic groups, particularly within contexts of diversity and inclusion.

Carpetbaggers

Derisive term for northern emigrants who participated in the Republican governments of the Reconstruction South.

Scalawags

A derogatory term used during the Reconstruction era to describe southern whites who supported the Republican Party's reconstruction policies.