Economy News

Economy 2 months ago

Stagflation: What Is It and How Does It Impact the Economy?

Stagflation, a term coined in the 1970s, embodies a complex economic dilemma where slow growth, high unemployment, and rising prices occur concurrently. Although this concept is often perceived as novel, its roots trace back to the economic turbulence of the late 20th century. Let's delve into its o...