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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)
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%
The U.S. economy boomed in the enthusiasm for high-technology industries in the 1990s until the Nasdaq crashed as the dot-com bubble burst and the early 2000s recession marked the end of the sustained economic growth. In 2000, Republican George W. Bush was elected president in one of the closest elections in U.S. history.
The economy of Africa consists of the trade, industry, agriculture, and human resources of the continent.As of 2019, approximately 1.3 billion people [19] were living in 53 countries in Africa.
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 economic history of the United States began with British settlements along the Eastern seaboard in the 17th and 18th centuries. After 1700, the United States gained population rapidly, and imports as well as exports grew along with it. Africa, Asia, and most frequently Europe, contributed to the trade of the colonies. [91]
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.