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'''Stagflation''' is a combination of the words "[[stagnation]]" and "[[inflation]]." It is a term used by economists to describe a situation where high inflation and low growth combine to produce high [[unemployment]]. The most recent period of stagflation occurred during the [[Jimmy Carter|Carter Administration]] in the late 1970s.
 
'''Stagflation''' is a combination of the words "[[stagnation]]" and "[[inflation]]." It is a term used by economists to describe a situation where high inflation and low growth combine to produce high [[unemployment]]. The most recent period of stagflation occurred during the [[Jimmy Carter|Carter Administration]] in the late 1970s.
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== See also ==
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*[[Essay:Best New Conservative Words|Best New Conservative Words]]
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[[category:Economics]]
 
[[category:Economics]]
 
[[category:Dictionary]]
 
[[category:Dictionary]]
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