During LBJ’s war on poverty in the 1960’s, what was the economic conditions in the U.S. and what accounted for the conditions?
During LBJ’s war on poverty in the 1960’s, what was the economic conditions in the U.S. and what accounted for the conditions? Did anything change in any of the following:
- Gross Domestic Product (GDP) growth (or not)
- Unemployment
- Inflation / Recession
- International trade
- Currency valuation
- Fiscal policy by the government
- Monetary policy from the Federal Reserve
Please cite sources if any, thank you.
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