In the US economy of the 1970s, slightly increasing economic growth made prices go down. steadily decreasing economic growth made prices go down. fewer jobs and lower wages \&ave Americans fewer resources. fewer but better-paying jobs gave Americans more resources.

The economic landscape of the 1970s in the US was quite turbulent, marked by a phenomenon known as "stagflation," where inflation and unemployment rose simultaneously. This created a challenging environment for Americans, as costs for everyday goods soared at the same time that job opportunities dwindled, leaving many struggling to make ends meet. As a result of this economic struggle, many households began to adopt frugal living strategies, such as budgeting more rigorously, seeking secondary incomes, and even embracing DIY culture to save money. The era's experiences directly influenced future economic policies, emphasizing the need for measures to combat inflation while supporting employment.