Question

the economy of the 1970s
turnoil of the 1970s
crisis of confidence
in the late 70s, president jimmy carter described the state of the american economy as a \crisis of confidence.\ this meant that the american people did not believe that the economy was ever going to recover

• the government was expected to fix the economy
• there were several one - term presidencies throughout the 1960s and 1970s, including jimmy carters
• this allowed for several different economic plans to be implemented
• however, none of them seemed to be able to kickstart the economy

how did president jimmy carter describe the american economy in the late 1970s?
a \monumental issue\
a \minor inconvenience\
a \crisis of confidence\

Explanation:

The text explicitly states "in the late 70s, President Jimmy Carter described the state of the American economy as a 'crisis of confidence'". This directly matches option C.

Answer:

C. a "crisis of confidence"