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The early 1980s recession was a severe economic recession that affected much of the world between approximately the start of 1980 and 1982. [2] [1] [3] Long-term effects of the early 1980s recession contributed to the Latin American debt crisis, long-lasting slowdowns in the Caribbean and Sub-Saharan African countries, [3] the US savings and loan crisis, and a general adoption of neoliberal ...
During a strong five-year bull market, [6] [A] the Dow Jones Industrial Average (DJIA) rose from 776 in August 1982 to a peak of 2,722 in August 1987. [8] The same bullish trend propelled market indices around the world over this period, as the nineteen largest enjoyed an average rise of 296 percent. [9]
The 1980s (pronounced "nineteen-eighties", shortened to "the '80s" or "the Eighties") was the decade that began on January 1, 1980, and ended on December 31, 1989.. The decade saw a dominance of conservatism and free market economics, and a socioeconomic change due to advances in technology and a worldwide move away from planned economies and towards laissez-faire capitalism compared to the 1970s.
Between the fall of 1981 and the end of 1982, nearly 70% of the increase in unemployment came from men's unemployment. [11] Unemployment had changed very little in the period between the end of the 1980 recession and the July 1981 start of the second, never dropping below 7.2%. [2]
The 1980s was an era of tremendous population growth around the world, surpassing the 1970s and 1990s, and arguably being the largest in human history. During the 1980s, the world population grew from 4.4 to 5.3 billion people. There were approximately 1.33 billion births and 480 million deaths.
Obama: The 1980s Called, They Want Their Policy Back. DailyFinance Staff. Updated July 14, 2016 at 9:40 PM.
During the Cold War, the division of the world into two rival blocs had served to legitimize a broad and diffuse alliance not only with the Western European nations of the North Atlantic Treaty Organization (NATO) but many countries in the developing world. Starting in the late 1980s, however, the regimes of the Eastern European Warsaw Pact ...
America Online CEO Stephen M. Case, left, and Time Warner CEO Gerald M. Levin listen to senators' opening statements during a hearing before the Senate Judiciary Committee on the merger of the two ...