Word: sixteenfold
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Dates: during 1980-1989
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...high economic growth. The 53 recessions and depressions that had afflicted U.S. capitalism's previous 165 years were a part of history, they figured, much like the Black Death. This optimism came crashing down during the 1970s, a victim of excessive demand by Government and consumers and a sixteenfold increase in OPEC oil prices...