1971 Economic Stabilization Act
GPTKB entity
Statements (54)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:legislation
|
| gptkbp:bfsLayer |
5
|
| gptkbp:bfsParent |
gptkb:Nixon's_New_Economic_Policy
|
| gptkbp:addressed |
wage freezes
|
| gptkbp:affects |
U. S. economy
|
| gptkbp:amended_by |
Subsequent legislation
|
| gptkbp:associated_with |
stagflation
|
| gptkbp:context |
1970s economic crisis
|
| gptkbp:duration |
temporary measures
|
| gptkbp:effective_date |
August 15, 1971
|
| gptkbp:enacted_by |
gptkb:legislation
|
| gptkbp:enforces |
gptkb:Police_Department
|
| gptkbp:established |
wage and price guidelines
|
| gptkbp:goal |
stabilize the economy
|
| https://www.w3.org/2000/01/rdf-schema#label |
1971 Economic Stabilization Act
|
| gptkbp:impact |
wage and price controls
|
| gptkbp:includes |
exemptions for certain industries
|
| gptkbp:influenced |
subsequent economic theories
|
| gptkbp:influenced_by |
previous economic policies
|
| gptkbp:inspired |
future economic reforms
|
| gptkbp:introduced |
gptkb:legislation
|
| gptkbp:is_aimed_at |
rising inflation rates
|
| gptkbp:is_criticized_for |
ineffectiveness
|
| gptkbp:is_evaluated_by |
mixed results
|
| gptkbp:is_implemented_in |
gptkb:Office_of_Emergency_Preparedness
|
| gptkbp:is_opposed_by |
free market advocates
|
| gptkbp:is_supported_by |
gptkb:labor_unions
|
| gptkbp:led_to |
public protests
increased government intervention |
| gptkbp:legacy |
influence on future economic policies
|
| gptkbp:part_of |
Nixon administration policies
|
| gptkbp:purpose |
to control inflation
|
| gptkbp:related_to |
price controls
Nixon Shock |
| gptkbp:repealed_by |
gptkb:Economic_Recovery_Act_of_1981
|
| gptkbp:requires |
compliance from businesses
|
| gptkbp:resulted_in |
temporary price controls
|
| gptkbp:signed_by |
gptkb:Henry_Nixon
|
| gptkbp:was |
controversial legislation
a significant legislative act a controversial economic strategy a significant policy shift a response to economic instability a response to economic conditions temporary in nature a legislative response to inflation a key event in U. S. economic history a landmark economic measure a measure to control inflation a measure to stabilize prices a part of Nixon's economic strategy a part of the New Economic Policy a reaction to public pressure a tool for economic management |