what economic lesson did the united states learn from the vietnam war during the 1970s?\no the economy…
what economic lesson did the united states learn from the vietnam war during the 1970s?\no the economy cannot fund both a large war and major social programs.\no unemployment and rising prices will always lead to a recession.\no a massive war effort is too expensive for the country to undertake.\no it is necessary to raise taxes to support a major war.
Answer
Brief Explanations:
During the 1970s Vietnam - War era, the U.S. faced the strain of funding a large - scale war and social programs like the Great Society simultaneously. This led to economic challenges, showing that it's difficult to fund both. Unemployment and rising prices don't always cause a recession, a massive war effort isn't always too expensive if managed well, and raising taxes isn't the only way to support a war.
Answer:
The economy cannot fund both a large war and major social programs.