Why did the us economy slump in the 1970s and 1980s?

"The second “decline” of the U.S. economy took place in the 1970s and 80s. America’s international economic position fell markedly by the end of the 1960s and beginning of the 1970s. In 1970, the export trade of the six countries of the European Community accounted for 27.6% of the world total, more than doubling that of the United States (13.7%). The figure for Japan was 6.2%. In 1971, the United States suffered from a trade deficit, though the amount was small ($2.2 billion). Shortly, it rose to $6.8 billion in 1972, and since then, it occurred almost every year, which was totally different from what was before the 1970s. The case for Japan was just the opposite. Not only Japan experienced fast increase of its export trade but it also earned a surplus of $300 million in 1965 for the first time since the end of World War II. Its surplus increased annually to reach $5.17 billion in 1972, almost as much as the deficit ($6.8 billion) suffered by the United States in the same year. As regards the world gold reserve, the United States accounted for 29.9% of the total in 1970, which was much less than the European Community (36.9%). The position of the US dollar, though remaining the world’s principal reserve currency and settlement currency, had been clearly weakened, and that of the Deutsche mark and Japanese yen markedly risen. The “dollar shortage” in the initial years after World War II gradually became “dollar oversupply”. This eventually led to the dollar crisis in the early 1970s. In 1971, the United States suspended the exchange of US dollars for gold, and various countries began to implement the floating exchange rate system. The Bretton Woods system centered on gold thus collapsed. This was an important symbol for America’s “decline”."

Recession is an economic slump that is milder than a depression.

here are some major conflicts i found. maybe pick one and do more research on it. (cause i ain't writing 6 paragraphs)

in 1877, the nez perce war took place.

1881 - president james garfield was assassinated.

1882 - the chinese exclusion act was passed.

1883 - a decision in the civil rights cases legalized racial segregation in the united states.

1887 - the dawes act was passed.

1893 - the panic of 1893 took place. (what a creative name)

and there are probably other topics you can find if you just search up "united states timeline," or "conflicts in the 19th century for america."

then once you find a topic you like find out how it affected the people of america and what not. (sorry if this feels a bit short changed, history was and never will be one of my strong topics)

yes

explanation:

the fighting words doctrine, in united states constitutional law, is a limitation to freedom of speech as protected by the first amendment to the united states constitution. in 1942, the u.s. supreme court established the doctrine by a 9–0 decision in chaplinsky v. new hampshire.