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The 1990s economic boom in the United States was a major economic expansion that lasted between 1993 and 2001, coinciding with the economic policies of the Clinton administration. It began following the early 1990s recession during the presidency of George H.W. Bush and ended following the infamous dot-com crash in 2000.
The two maps and the table below them are for the years 1990–2007, and are based on the data obtained from the United Nations. Statistics Division. 1990 was chosen as a starting year as several new states appeared at that time. GDP growth (annualized) GDP per capita growth (annualized)
Thus, these contemporary economic trends have "enhanced the historical potential of economic growth and industrialization in the Global South" amidst renewed targeted efforts by the SSC to "loosen the strictures imposed during the colonial era, and transcend the boundaries of postwar political and economic geography" as an aspect of decolonization.
Despite GDP growth being minimal, employment growth Canada-wide remained moderate throughout 1989 (although Ontario had a decline in employment in 1989) [12] and there was a solid growth spurt (0.8%) in the first quarter of 1990. [8] In April 1990, economic activity and employment both began substantial declines with the largest drops in real ...
The slowdown in economic activity led to the recession of 1953, bringing an end to nearly four years of expansion. May 1954– Aug 1957 39 +2.5% +4.0%: Expansion resumed following a return to growth in May 1954. Employment and GDP growth slowed relative to the previous two expansions. April 1958– April 1960 24 +3.6% +5.6%
July 1990 marked the end of what was at the time the longest peacetime economic expansion in U.S. history. [2] [5] Prior to the onset of the early 1990s recession, the nation enjoyed robust job growth and a declining unemployment rate. The Labor Department estimates that as a result of the recession, the economy shed 1.623 million jobs or 1.3% ...
The gross domestic product of India was estimated at 24.4% of the world's economy in 1500, 22.4% in 1600, 16% in 1820, and 12.1% in 1870. India's share of global GDP declined to less than 2% of global GDP by the time of its independence in 1947, and only rose gradually after the liberalization of its economy beginning in the 1990s.
Nigeria gained its independence from Britain on 1 October 1960 [1] and it was recognized by the United States.Nigeria's long history dates back to the 15th century where it was discovered by the Portuguese navigators in 1472, the slaves were brought to the American colonies from their homeland of West Africa, which has earned Nigeria as a Slave Coast.