Question

Which of the following best describes global economic trends in the early 1990s?

Answer 1

In the early 1990s strong economic growth took place. This period was known as the golden period.

Explanation:

• During 1990s there was a tremendous economic growth as well as many people got employed, there was increase in productivity.
• At that period inflation was also low. Economic book took place , there was advancement in technologies various changes took place.
• Stock market was also in a proper condition . As well as proper monetary policies were taken to bring this change.
• There was also increase in investment as well as there was increase in consumption.