Question

What was one major cause of the recession in the United state's in the 1970s

Answer 1

The Oil Crisis was one of the major causes.

Answer 2

The major cause of the recession in the United States in the 1970's was the 1973 Oil crisis when an oil embargo was proclaimed by members of the Organization of Arab Petroleum Exporting countries.

The embargo was aimed at countries which were thought to be supporting Israel during the Yom Kippur war and the United States was one of those countries that were affected.