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30 Apr 2023

The US economy did recover from the numerous crises of the 1970s to some extent, but the period (1981–now) was very different from the 'golden age' of the 1950s and 1960s. Name and describe a few of the most significant contrasts between these two economic eras (NOT the crisis years of the 1970s) for this task, as well as some of the possible explanations.

In other words, how do these two eras differ from one another, and how can we account for those differences?