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Q: What factors led to the nations recovery from the recession of the early 1980s?
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What factors led to the nation's recovery from the recession of the early 1980's?

Long term effects of the recession contributed to the Latin American debt crisis, the savings and loan crisis in the United States, and a general adoption of neoliberal economic policies throughout the 1980s and 1990s.


How did the recession in the 1980s affect farmers?

it affected farmers because of the set back from the great depression


Whose controversial economic policy helped the US out of the recession by lowering taxes in the 1980s?

Ronald Reagan


Why did factory workers find it harder to make a living in the 1980s?

For much of the 1980's, the US was in a recession, and manufacturing jobs were particularly hard hit (this occurred again in 2008-2010). The downturn caused less demand for the durable goods produced in the USA.


Is britain a capitalist economy?

Well, here isthe back story: the new period of neo-liberal economics began in 1979 with the election of Margaret Thatcher, who won the general election on 3 May that year to return the Conservative Party to government after five years of Labour rule. During the 1980s most state-owned enterprises were privatised, taxes cut and markets deregulated. GDP fell 5.9%[32] at first but growth rose to 5% at its peak in 1988, one of the highest rates of any European nation.[33][34] However, Thatcher's modernisation of the British economy was far from trouble free; her battle against inflation resulted in mass unemployment with the jobless count passing 3,000,000 by the start of 1982 compared to 1,500,000 three years previously. This was in part due to the closure of outdated factories and coalpits which were no longer economically viable; this process continued for most of the rest of the decade. Unemployment peaked at nearly 3,300,000 during 1984 before falling dramatically in the final three years of the decade, standing at just over 1,600,000 by the end of 1989.[35] However, the British economy slid into another recession during the second half of 1990, concurrent with a global recession, and caused the economy to shrink by a total of 8% from peak to trough and unemployment to increase from around 1,600,000 to nearly 3,000,000 by early 1993, when the recession ended, and the subsequent economic recovery was extremely strong. Unlike the early 1980s recession the recovery saw a rapid and substantial fall in unemployment, which was down to 1,700,000 by 1997. Short answer; kind of.

Related questions

What factors led to the nations recovery from the recession of the early 1980?

Long term effects of the recession contributed to the Latin American debt crisis, the savings and loan crisis in the United States, and a general adoption of neoliberal economic policies throughout the 1980s and 1990s.


What factor led to the nations recovery from the recession of the 1980s?

Long term effects of the recession contributed to the Latin American debt crisis, the savings and loan crisis in the United States, and a general adoption of neoliberal economic policies throughout the 1980s and 1990s.


What factors led to the nation's recovery from the recession of the early 1980s?

Long term effects of the recession contributed to the Latin American debt crisis, the savings and loan crisis in the United States, and a general adoption of neoliberal economic policies throughout the 1980s and 1990s.


What factors led to the nation recovery from the recession of the early 1980's?

Long term effects of the recession contributed to the Latin American debt crisis, the savings and loan crisis in the United States, and a general adoption of neoliberal economic policies throughout the 1980s and 1990s.


What factors led to the nation's recovery from the recession of the early 1980's?

Long term effects of the recession contributed to the Latin American debt crisis, the savings and loan crisis in the United States, and a general adoption of neoliberal economic policies throughout the 1980s and 1990s.


What causes demand for farm products to decrease in the 1980s?

The Countywide Recession


What factor's led to the nation's recovery from the recession of the early S's?

Long term effects of the recession contributed to the Latin American debt crisis, the savings and loan crisis in the United States, and a general adoption of neoliberal economic policies throughout the 1980s and 1990s.


How did the recession in the 1980s affect farmers?

it affected farmers because of the set back from the great depression


Whose controversial economic policy helped the US out of the recession by lowering taxes in the 1980S's?

Ronald Reagan


Whose controversial economic policy helped the US out of the recession by lowering taxes in the 1980s?

Ronald Reagan


What was a major cause of the civil wars in many Central American nations in the 1970s and 1980s?

Economic differences between social classes


How did the dental equipment industry do from the 1970's to the 1990's?

As the industry progressed past the mid-1970s, when it was mired for several years in a global recession, its growth during the 1980s continued at a moderate rate.