Asked by tina
                downturn of 1973-1975
            
            
        Answers
                    Answered by
            drwls
            
    Yes, there was one. What do you want to know about it? The formation of OPEC and the budget deficits incurred during the Vietnam war had a lot to do with it. 
For more about the oil component, see
http://en.wikipedia.org/wiki/1973_oil_crisis
    
For more about the oil component, see
http://en.wikipedia.org/wiki/1973_oil_crisis
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