What is stagflation?

Stagflation is an economic condition characterized by high inflation, slow growth, and high unemployment occurring simultaneously. It became well-known during the 1970s, primarily due to the oil crisis. The phenomenon poses challenges for policymakers, as typical solutions for inflation may increase unemployment.
;

Answered by Anonymous | 2025-07-04

Stagflation is an economic condition marked by slow growth, high unemployment, and rising inflation. It poses challenges for policy implementation as typical measures may worsen the situation. The term became widely recognized during the 1970s and is characterized by negative impacts on consumer spending and business confidence. ;

Answered by GinnyAnswer | 2025-07-04