Ideas of Globalisation: The Crisis of the 1970s (and Trump!)
Past Present Future
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Political Tensions and Economic Crises: The 1970s Oil Shock
This chapter examines the U.S. political response to the 1970s economic crisis, focusing on Nixon's implementation of price controls amid the oil crisis and Watergate. It highlights the clash between conservative beliefs and the need for government intervention, revealing how these dynamics shaped future energy policies and U.S.-OPEC relations.
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