Analyze the important social, economic, and industrial factors leading up to the emergence of the New Hollywood in the early 1970s. What were the causes of the industry-wide recession of 1969 to 1970? What new audiences did the Majors subsequently attempt to target? Describe the ways in which Hollywood style was modified in order to reach these new audiences; draw on the films of Richard Lester and Sam Peckinpah to support your answer.
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