What was one major cause of the recession in the United States in the 1970s?
the oil crisis
low inflation
low unemployment
the Iran hostage crisis

Due to the support that the U.S. constantly gave Israel, the Arab nations of the Middle East wanted to punish the U.S. to stop further support.

As a result, they placed an oil embargo on the U.S. which led to the oil crisis and severely disrupted U.S. economic activities which led to a recession.

Find out more on the Oil Crisis at https://brainly.com/question/1024711.

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What was one major cause of the recession in the United States in the 1970s? the oil crisis low inflation low unemployment the Iran hostage crisis

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Why was there an oil crisis in the 1970s?

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What was one major cause of the recession in the United States in the 1970s?
the oil crisis
low inflation
low unemployment
the Iran hostage crisis