Final answer:
The economic crisis of the 1970s was mainly caused by rising unemployment, falling prices, and the oil crisis.
Explanation:
Rising unemployment, falling prices, and the oil crisis were the main contributors to the economic crisis of the 1970s. The oil crisis started in 1973 with the quadrupling of oil prices due to geopolitical events like the Arab-Israeli War and the Islamic Revolution in Iran. Additionally, rising unemployment and falling prices exacerbated the economic downturn, leading to stagflation and financial instability.
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