Address to the Nation Outlining a New Economic Policy

E245471

"Address to the Nation Outlining a New Economic Policy" is the televised speech in which U.S. President Richard Nixon announced the sweeping 1971 economic measures later known as the Nixon shock.

All labels observed (1)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf economic policy announcement ⓘ
political speech ⓘ
televised speech ⓘ
alsoKnownAs Nixon shock speech ⓘ
linked to: Nixon shock
announcedBy Richard Nixon ⓘ
announcedMeasure 10 percent import surcharge ⓘ
imposition of wage and price controls ⓘ
suspension of dollar convertibility into gold ⓘ
tax measures to stimulate the economy ⓘ
temporary 90-day freeze on wages and prices ⓘ
announcedPolicy Nixon shock ⓘ
audience American public ⓘ
broadcastOn television ⓘ
chronology delivered during Nixon's first term as president ⓘ
country United States ⓘ
currencyDiscussed United States dollar ⓘ
linked to: US dollar
date 1971-08-15 ⓘ
decade 1970s ⓘ
economicContext U.S. balance-of-payments deficit ⓘ
rising inflation in the United States ⓘ
followedBy implementation of the Nixon shock measures ⓘ
government Nixon administration ⓘ
governmentBranchInvolved executive branch of the United States ⓘ
historicalPeriod Cold War ⓘ
historicalSignificance initiated comprehensive wage and price controls in the United States ⓘ
marked the effective end of the Bretton Woods gold exchange standard ⓘ
redefined U.S. international economic policy in the early 1970s ⓘ
language English ⓘ
location United States ⓘ
mediaType television address ⓘ
officeHeldBySpeaker President of the United States ⓘ
partOf presidency of Richard Nixon ⓘ
policyArea fiscal policy ⓘ
macroeconomic policy ⓘ
monetary policy ⓘ
trade policy ⓘ
policyNameUsed New Economic Policy ⓘ
purpose to address inflation and balance-of-payments problems ⓘ
to announce a new economic policy for the United States ⓘ
relatedEvent end of Bretton Woods system ⓘ
speaker Richard Nixon ⓘ
subject economic policy ⓘ
gold convertibility of the U.S. dollar ⓘ
inflation control ⓘ
international monetary system ⓘ
trade policy ⓘ
wage and price controls ⓘ
year 1971 ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Nixon shock → televisedAddressTitle → Address to the Nation Outlining a New Economic Policy ⓘ