Related questions with answers
How were the actions taken by presidents Ford and Carter to address the country's economic downturn similar? How did they differ?
Solution
VerifiedCarter kept many of Ford’s deregulations but mostly focused his efforts on addressing the nation’s energy crisis. After the 1973 embargo from oil-exporting countries, the cost of gas skyrocketed. In response, Carter unveiled the National Energy Act of 1978, a suite of initiatives that taxed personal vehicles, loosened oversight of oil and natural gas prices, and financially supported alternative energy technologies. While this reduced the nation’s dependence on costly foreign oil, in 1979, a new round of price hikes and instability in oil-producing nations made the American economy weaker. With few of his initiatives adequately addressing the economic hardship, Carter faced a difficult path to reelection, and eventually lost to Ronald Reagan. While Ford and Carter had clearly different approaches to improving the economy, neither president was able to reinvigorate it to the satisfaction of the American people.
Create an account to view solutions
Create an account to view solutions
Recommended textbook solutions


Social Studies American History: Reconstruction to the Present Guided Reading Workbook
1st Edition•ISBN: 9780544669086HOUGHTON MIFFLIN HARCOURT
America's History for the AP Course
9th Edition•ISBN: 9781319065072Eric Hinderaker, James A. Henretta, Rebecca Edwards, Robert O. Self
U.S. History
1st Edition•ISBN: 9781938168369John Lund, Paul S. Vickery, P. Scott Corbett, Todd Pfannestiel, Volker JanssenMore related questions
1/4
1/7