Information piece:
According to the widely recognised authority on the matter, the National Bureau of Economic Research based in Cambridge, Massachusetts, the longest U.S. economic boom came to an end in March 2001. The third quarter of 2001 was the first quarter since 1993 during which the economy contracted. While much of the macroeconomic debate has focused on reversing the drop in output in the short run, little attention has been paid to designing policies that can improve the long-term growth prospects of the U.S. Because the 1990s was a decade of extraordinary recovery in growth rates that were sustained for several years, it holds important lessons for macroeconomic policies that could raise the prospects for strong, sustainable growth. Most importantly, without changes in the design of macro policy, the chances of a recovery seem weak, while the possibility of a prolonged period of sluggish growth is real.
Answer:
During the 1990's, the inflation and unemployment trends in the United States changed. What was unusual in the 1990s?
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: B. is your answer
Although inflation remained at less than three percent, unemployment fell to very low levels.
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hope this helped !!! <3:) - <em>KAYLEE</em>
The Renaissance let to both the <u>rebirth</u> and the <u>rediscovery </u>of classical philosophy, literature and art.
The Renaissance was a fervent period of European cultural, artistic, political and economic rebirth following the Middle Ages. Generally described as taking place from the 14th century to the 17th century, the Renaissance promoted the rediscovery of classical philosophy, literature and art.
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What impact did the Renaissance have?</h3>
- As the populace grew wealthier, trade, travel, and the dissemination of new ideas all increased.
- Additionally, the increase in income sparked interest in education, aided the growth of the arts, and encouraged scientific advancements and new innovations.
- Art, science, and culture underwent a new transformation throughout the Renaissance.
- At first, the rediscovery of classical philosophy, literature, and art, as well as the new discoveries in travel, invention, and style, altered the way the citizens thought. is a time period in European history that spans the 15th and 16th centuries and marks the transition from the Middle Ages to modernity.
- It is defined by a desire to resurrect and outdo concepts and accomplishments from classical antiquity. It followed the Late Middle Ages Crisis and was marked by significant societal change.
To learn more about Renaissance, click the links.
brainly.com/question/17646820
brainly.com/question/13577111
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The answer is: It allowed the farming society to dig up the dirt on their farms allowing a more effective and easy way to plant their crops.
The method of farming contributed by the invention of plow allow societies to produce more products with lesser amount of time (most popular one would be by combining it with animals such as buffalo or horses) . This invention help to address hunger problems that exist at that time and bring wealth and prosperity through the agricultural sectors.
