1990's Economic Aspect

Decent Essays
In this presentation we will research the decade of the 1990’s and analyze its economic aspect. We will go over, unemployment rates, inflation rates, annual GDP rates, fiscal and monetary policies that were in place prior to the start of the decade as well as the ones that were implemented throughout that ten year period.
It’s important to note, that there were 2 different Presidents during this era, George H. W. Bush and Bill Clinton. There was a recession that only lasted 8 months from July 1990 to March 1991. It wasn’t all fun and games, it took the US until the end of 1995 to actually experience a noticeable economic growth.
According to the National Bureau of Economic Research, the 1990s was the longest economic expansion in the history

Related Documents

  • Improved Essays

    How far do you agree with the view that Reagan 's economic policies strengthened the US economy in the years 1981-96? There is evidence to suggest that Reagan 's economic policies did strengthen the US economy, as shown by the decrease in inflation and unemployment. However, there is sufficient evidence to suggest that Reagan 's policies didn 't benefit the US economy and led the US into economic problems. Extract 1 tells about how Reagan 's economic policies did have certain benefits.…

    • 1020 Words
    • 5 Pages
    Improved Essays
  • Superior Essays

    Anita Ross Professor Jordan EN201 19 October 2017 "Shout" By Dagoberto Gilb A Historical Criticism There are many stories written about growing up in tough economic times and the struggles faced by blue-collar families. This semester I had the pleasure of reading a story that stuck in my mind as one of the better ones. In “Shout”, Dagoberto Gilb pulls from stories of his childhood, his Mexican/American upbringing and the economic effects of the “Regan Recession” to portray a blue-collar worker and his families struggles to do what is necessary to make ends meet during the 1980’s, a time of economic recession. The feeling and emotions throughout Gilb’s story are as much a part of the “Reagan Recession” as what many went through…

    • 1360 Words
    • 6 Pages
    Superior Essays
  • Improved Essays

    New Deal Dbq

    • 644 Words
    • 3 Pages

    Due to U.S. government policies aiding the stimulation of Industries, America was able to fully bounce back from the depression in the mid 1940’s and eventually become an economic superpower. By 1933, the American economy was only getting worse, and signs of improvement were…

    • 644 Words
    • 3 Pages
    Improved Essays
  • Decent Essays

    New Deal Dbq

    • 215 Words
    • 1 Pages

    during the 1930's, the United states witnessed a breakdown of the economic system as the US fell into the world’s worst depression in history. The economic depression that affected the US and other countries was unexpected. During the peak of the depression, one out of four american workers were unemployed. The great depression continued through the 1930's, ruining the western economy. The New Deal was the program set in place by president Franklin Roosevelt from 1933 to 1939.…

    • 215 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    In the 70’s, “the country enjoyed abundant natural resources, a growing supply of labor, an expanding market for manufactured goods, and the availability of capital investment” (Foner, 557). On the other hand, in the 80’s money was spent in businesses and corporations. The 70’s was more focused on individual spending, whereas the 80’s was more focused on money as a whole. Money was spent on real- estate, corporate buyouts, and business purchases…

    • 301 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    The Great Depression and the Recession of 2008 were both memorable events in US history. These events both dealt with financial issues within the US government, within stock markets and the home market. The Great Depression took place in October 29, 1929. Later on, another disaster hit in December, 2007 called the Recession of 2008. Both of these events were caused by bad financial status but they are also different including the work issues and values, presidents and the duration and finally consequences, significances and important people during the crisis.…

    • 492 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    The Great Depression and The Great Recession are two very traumatic times in American History. The Great Recession is known as one of the biggest economic crisis since The Great Depression. The Great Depression lasted from 1929-1939, which happened after the stock market crashed, leaving a lot of individuals without work and which sent Wall Street into a panic and wiped out millions of investors. During the beginning of the Great Depression, President Herbert Hoover was in office until the election of 1932, which left President Franklin Roosevelt to pick up the pieces of this crisis. The Great Recession lasted from 2007-2009 which began with an 8 trillion dollar housing bubble.…

    • 239 Words
    • 1 Pages
    Improved Essays
  • Improved Essays

    Economically, industrial production in the United States “declined 47 percent and real gross domestic product (GDP) fell 30 percent,” (Romer). After the crash, people…

    • 464 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    There are many different reforms that occurred in the United States throughout history that were caused by recession. The War of 1812 and the Bank War caused recession because the Second National Bank closed which led to the Panic of 1837. The recession included decline of employment, poverty and caused family issues. The stress of these issues caused men to drink excessively. They would get drunk every night in the pub and come home drunk to their families and sometimes abuse their family because of the level of drunkenness.…

    • 1107 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Depression Vs Recession

    • 1938 Words
    • 8 Pages

    The Great Depression and the Recession of 2008 are infamous events that many Americans know well. Both are seen as terrible times for the economy for good reason; they are well known for the suffering they caused for an extended period of time. However, they have more in common than many realize; the Recession of 2008 was saved from further chaos by reviewing the past and building on previous mistakes.…

    • 1938 Words
    • 8 Pages
    Improved Essays
  • Improved Essays

    We had ongoing wars too. Less than a month after the attack of 9/11 the U.S. sent troops to invade Afghanistan in an attempt to dismantle al-Qaeda, the terrorist group that was claimed to be responsible for the attacks, it was also planned to remove the Taliban government. Two years later, in March 2003, the U.S. decided to send troops to Iraq to invade. We deposed President Saddam Hussein too. Budgets for defense-related agencies sky-rocketed.…

    • 506 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    The Great Escape: End of the Great Depression The end of World War I marked the beginning of a period defined by American optimism. A trio of Republican presidents from Harding to Hoover (1921-1933) re-established free market capitalism and brought endless waves of prosperity. Unemployment rate reached 3%, and Americans believed dreams would never end. However, the Great Depression in the 1930’s crushed these dreams, driving unemployment to a high 25%.…

    • 1887 Words
    • 8 Pages
    Improved Essays
  • Improved Essays

    Determining the most depressing. The Great Depression of the late 1920’s and early 1930’s and the Great Recession of 2007 – 2009 were both times of major loss in the economy of the United States. Whether it is the amount of money lost or the amount of jobs lost they are similar but yet different in a plethora of ways.…

    • 1762 Words
    • 8 Pages
    Improved Essays
  • Improved Essays

    The great recession that is known as the “Great Depression’ started in 1929 and continued until about 1933 in United States. This severe economic phenomenon that was originated in United States not only affected the USA economy but also shook the economy of almost all the countries of the world. This great depression led to severe decline in the real output, acute unemployment rate and consequently all the economic sectors and variables were negatively affected. As a result, the living standard of people declined at a high rate. Declines in consumer demand, financial panics, and misguided government policies caused economic output to fall in the United States.…

    • 1350 Words
    • 6 Pages
    Improved Essays
  • Great Essays

    V. T. Grace N. Maniu Aylen Rounds English 101 August 12th, 2015 Dead and Gone: The American Dream What is a dream? Is a dream something that can’t be attained? Will a dream always be just an idea? The “American Dream” is often seen as a pathway to large homes, expensive cars and lots of money, however, the “American Dream” for Americans has always been defined as an ideal that every United States citizen or resident should have an equal opportunity to achieve success and prosperity through hard work, determination, and through taking initiative. Citizens of today however, believe the American Dream is dead and is impossible achieve because of the factors that stand in the way of their opportunity to rise and create that dream.…

    • 1082 Words
    • 5 Pages
    Great Essays