The word which is used during the 1970's economic crisis was Stagflation.hence option B is correct.
What do you mean by the economic crisis?
The term "economic crisis" refers to a situation where a country's economy has a sudden decline in strength, which is typically caused by a financial crisis.
The complete part of the question is below:
a) influx
b) stagflation
c) deficit
d) programs
The 1973–1975 recession, sometimes known as the 1970s recession, was a decade of economic stagnation that ended the Post–World War II economic growth and affected much of the Western world.
Hence option 2 is correct .
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