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How did discount retailing and new forms of media contribute to economic boom of 1980's?
Discount retailing, exemplified by chains like Walmart, made consumer goods more affordable and accessible, driving increased consumer spending. Simultaneously, new forms of media, particularly Cable Television and the rise of advertising, played a crucial role in shaping consumer culture by promoting brands and products more effectively. Together, these factors stimulated economic growth by encouraging consumption and expanding market reach, ultimately contributing to a robust economy in the 1980s.
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What was a major goal for china in the 1980s?
accelerate economic growth
The 1980s MOST displayed which economic trend?
deregulation of major industries
Describe the social economic and political composition of the decade of corporate greed and how it affected the political climate of the 1980s?
Describe the social, economic, and political composition of the decade of corporate greed and how it affected the political climate of the 1980s.
To avoid economic collapse in the early 1980s Mexico had to do what?
make painful reforms
To avoid economic collapse in the early 1980s Mexico had to .?
make painful reforms
Did japan experience outstanding economic growth in the 1970s through the 1980s?
Yes
Did not contribute to the decrease of federal funding for Oklahoma in the 1980s?
The decrease of federal funding for Oklahoma in the 1980s was influenced by several factors, including national economic downturns and shifts in federal budget priorities. Additionally, the state faced challenges such as declining oil prices, which severely impacted its economy and tax revenues. However, specific policies or decisions made at the federal level, such as cuts to social programs and military spending, did not directly contribute to the overall reduction in funding for the state. Instead, these economic conditions and changes in federal allocation strategies played more significant roles.
Something that did not contribute to record federal budget deficits in the early 1980s was?
cuts in defense spending
What barrier to economic growth did the former Zaire face in the 1980s and early 1990s?
corrupt leadership
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
Did President Reagan fix US economic problems?
President Reagan implemented a series of economic policies known as "Reaganomics," which focused on tax cuts, deregulation, and reducing government spending. These policies aimed to stimulate economic growth and reduce inflation, and they did contribute to a significant economic expansion during the 1980s. However, critics argue that these measures also led to increased income inequality and a larger national debt. Overall, while Reagan's policies had positive effects on the economy, they did not fully resolve all economic problems.
