1. (TCO 7) Describe how today’s conservatives use the term “political economy.” 2. (TCO 7) Early 20th-century European governments subscribed to _____ doctrines, generally keeping their hands away from the economy. 3. (TCO 7) President Jimmy Carter attempted to stimulate the economy, but this made inflation worse. This led him to _____. 4. (TCO 7) Between 1965 and 1973, the percentage of Americans living below the poverty line _____. 5. (TCO 7) Which U.S. President is responsi...