(Answered) In the 1970s one of the causes of stagflation was swatIn the 1970s one of the causes of stagflation…

4. When did stagflation peak and what events worsened it?
Stagflation effects appeared after the 1973 oil shock and intensified with the 1979 Iranian revolution and second oil price spike. Inflation peaked in the mid-to-late 1970s, while unemployment rose sharply in 1974–75. The decade ended with slower growth and persistent inflation until monetary tightening in the early 1980s restored price stability.