What Are the Economic Difficulties of the 1970s, and How

question 6

Essay

What are the economic difficulties of the 1970s, and how does the Carter administration attempt to deal with them?

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Definitions:

Polluter and User Pay

A principle stating that those who produce pollution or use resources should bear the costs of managing it to prevent environmental degradation.

Tax

A compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization to fund various public expenditures.

Environmental Impact Statement

An Environmental Impact Statement (EIS) is a document prepared to describe the positive and negative effects of proposed projects on the environment.

Germany

Germany is a country in Central Europe, known for its rich history, cultural heritage, and as a major economic and political power.