Question

What triggered the economic downturn in the early 1980s in the United States?

Answer 1

Step-by-step explanation:

Lasting from July 1981 to November 1982, this economic downturn was triggered by tight monetary policy in an effort to fight mounting inflation. Prior to the 2007-09 recession, the 1981-82 recession was the worst economic downturn in the United States since the Great Depression.