ECO 202 Milestone Onex - Macroeconomic Data Report 1960-1969 Mikki Patane ECO 202 Milestone One ECO 202 U.S Economic History Overview of 1960 1969

ECO 202 Milestone Onex - Macroeconomic Data Report...

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ECO 202Macroeconomic Data Report 1960-1969Mikki PataneECO 202Milestone One
ECO 202U.S. Economic History Overview of 1960 - 1969GDP and GrowthSignificant macroeconomic eventsUnemployment and InflationKeynesian TheoryInterest RatesBretton Woods systemEffects on GDP, Global Trade and Global Economy
ECO 202GDP and GrowthGross Domestic Product (GDP) and GrowthGrowth rate of 1960-1969 was averaged at 5%
ECO 202Significant Economic EventsRecession of 1960Unemployment peaked at 6.9%GDP declined 2.4%Recession ended by JFK with stimulus spendingThe Vietnam WarPeak military spending reached 9.5% of GDPIncrease of GDP due to increased military spendingElection of President Nixon 1969Inflation soared prior to Nixon taking officeUnemployment was low at 3.3%Early economic policy called for tight budget and restrictive monetary policy
ECO 202Unemployment and Inflation
ECO 202Inflation RatesThe Great Inflation of 1965

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