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Ainat [17]
2 years ago
11

Which historical perspective became dominant in the 1990s and continues to be a forceful influence today?

History
1 answer:
lawyer [7]2 years ago
8 0

''The historical perspective became dominant in the 1990s and continues to be a forceful influence today is free market perspective''.

The 1990s were characterized by rapid technological advancements and prudent monetary policy, which led to a period of robust economic growth, steady job creation, low inflation, rising productivity, economic boom, and a soaring stock market.

Sometimes, the phrase "free market" is used interchangeably with  laissez-faire capitalism. The "free market" is typically used to refer to an economy with unrestricted competition and only private exchanges between buyers and sellers.

The benefits of a free market were very positive. First, after falling unemployment rates in the second half of the 1990s, incomes increased as a result of faster employment growth and faster wage growth. The second factor driving consumption was the sharp increase in stock prices.

To know more about free market perspective visit brainly.com/question/10320412?referrer=searchResults

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