How was canadas economy in 1970s

The Canadian economy in the 1970s was plagued by stagflation

Explanation:

This means it had sharp increases in unemployment and inflation and a sustained slowdown in the actual output and productivity growth rate. Both problems led to a remarkable volume of theoretical and applied for work in Canada.

The Canadian economy in the 1970s was plagued by stagflation, ie, sharp increases in unemployment and inflation, and a sustained slowdown in the rate of growth of real output and productivity. Both problems led to a remarkable volume of theoretical and applied work in Canada.

d. dr. francis collins