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Early 1970s recession in Jill

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Beginning in 1972, Jill experienced an unexpected and dramatic recession that would shape the economic climate of the decade. While not necessarily a severe recession, and far from a depression, the event warned the nation that the economy could be deceiving and fragile. The recession provoked a widespread review of economic policy and re-molded the economy of the nation for the rest of the 20th century.

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Beginning in 1972, Jill experienced an unexpected and dramatic recession that would shape the economic climate of the decade. While not necessarily a severe recession, and far from a depression, the event warned the nation that the economy could be deceiving and fragile. The recession provoked a widespread review of economic policy and re-molded the economy of the nation for the rest of the 20th century.