stagflation

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stagflation

stagflation in economics, a word coined in the 1970s to describe a combination of a stagnant economy and severe inflation . Previously, these two conditions had not existed at the same time because lowered demand, brought about by a recession (see depression ), usually produced lower, or at least stable, prices. Large U.S. government deficits and sharp rises in the costs of energy have been cited as the chief causes of stagflation in the 1970s.

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"stagflation." The Columbia Encyclopedia, Sixth Edition. 2008. Encyclopedia.com. 9 Nov. 2009 <http://www.encyclopedia.com>.

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stagflation

A Dictionary of Business and Management | 2006 | © A Dictionary of Business and Management 2006, originally published by Oxford University Press 2006. (Hide copyright information) Copyright

stagflation A combination of slow economic growth with rising prices. The UK and the USA experienced stagflation for the first time in the 1970s.

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"stagflation." A Dictionary of Business and Management. Oxford University Press. 2006. Encyclopedia.com. 9 Nov. 2009 <http://www.encyclopedia.com>.

"stagflation." A Dictionary of Business and Management. Oxford University Press. 2006. Encyclopedia.com. (November 9, 2009). http://www.encyclopedia.com/doc/1O18-stagflation.html

"stagflation." A Dictionary of Business and Management. Oxford University Press. 2006. Retrieved November 09, 2009 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O18-stagflation.html

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stagflation

A Dictionary of Sociology | 1998 | | Â© A Dictionary of Sociology 1998, originally published by Oxford University Press 1998. (Hide copyright information) Copyright

stagflation A combination of inflation and stagnation in the economy. A situation that arose in Britain and other economies since the late 1960s, as accelerating inflation fed through into price expectations and wage demands.

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GORDON MARSHALL. "stagflation." A Dictionary of Sociology. 1998. Encyclopedia.com. 9 Nov. 2009 <http://www.encyclopedia.com>.

GORDON MARSHALL. "stagflation." A Dictionary of Sociology. 1998. Encyclopedia.com. (November 9, 2009). http://www.encyclopedia.com/doc/1O88-stagflation.html

GORDON MARSHALL. "stagflation." A Dictionary of Sociology. 1998. Retrieved November 09, 2009 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O88-stagflation.html

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	'Stagflation': sound of '70s.(COMMENT)(Viewpoint essay) Magazine article from: Los Angeles Business Journal; 3/24/2008
	Worries Grow for Worse 'Stagflation' News Wire article from: AP Online; 2/26/2008
	Worries grow for twin evils of 'stagflation' _ stagnant economy, lost jobs, surging inflation News Wire article from: AP Worldstream; 2/27/2008

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