economic problems in the 1970s in superpower countries

What are the key economic problems in the 1970s?

  • What do the oil crisis of the 1970s and the loss of the Vietnam War tell us about the limits of power of the United States abroad?
  • Why didn’t our military might because America clearly possessed the most powerful and technological Advanced military in the world in the 1970’s help us?
  • Do we face similar limits of power as the lone remaining superpower today?
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