In the late 1990s, LEGO faced serious economic difficulties due to several factors, including increased competition from digital toys and Video Games, which reduced demand for traditional building blocks. Additionally, the company expanded its product lines too quickly, leading to overproduction and a dilution of the brand's core identity. Poor management decisions, including a lack of focus on the classic LEGO experience, further compounded these challenges, ultimately resulting in significant financial losses.
china
all of the answers are correct
1990's
Asia
One outcome that was not a result of the economic initiatives taken by the Irish government in the 1990s was a significant increase in unemployment rates. Instead, the initiatives, which included foreign direct investment incentives and tax reforms, led to a rapid economic growth and a decrease in unemployment. Additionally, while there were improvements in infrastructure and education, the initiatives did not fully address income inequality, which persisted despite overall economic gains.
The economy boomed in Ireland in the 1990s.
economic growth
In the 1990s, Japan experienced an economic slowdown because of deflation. The country's economy has since recovered.
It was a time of economic growth.
china
AIDS
aids
all of the answers are correct
corrupt leadership
1990's
One action India took in the 1990s that led to significant economic gains was reducing licensing regulations. India also decreased taxes, lowered tariffs, and focused more on international trade.
Ireland