The Modern Economy, from Life in the USA: The Complete Guide for Immigrants and Americans

Life in the USA is a complete guide to American life for immigrants and Americans. All materials on this site Copyright © Elliot Essman 2010. All rights reserved.    Home    Back    Next

Life in the USA
Land, History and Language
American History

The Modern Economy
Upheavals. In the 1970's and 1980's, the United States began to undergo severe economic upheavals, first as a result of the oil crisis and then as a result of competition with Japan. Despite worry and dire predictions about both these threats, time has shown that the United States has survived them rather well.



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