<span>Total federal revenues doubled from just over $517 billion in 1980 to more than $1 trillion in 1990. In constant inflation-adjusted dollars, this was a 28 percent increase in revenue.3As a percentage of the gross domestic product (GDP), federal revenues declined only slightly from 18.9 percent in 1980 to 18 percent in 1990.4<span>Revenues from individual income taxes climbed from just over $244 billion in 1980 to nearly $467 billion in 1990.5 In inflation-adjusted dollars, this amounts to a 25 percent increase.</span></span>
Answer:
Mansa Musa inherited a kingdom that was already wealthy, but his work in expanding trade made Mali the wealthiest kingdom in Africa. His riches came from mining significant salt and gold deposits in the Mali kingdom. Elephant ivory was another major source of wealth.
The baby boom affected the economy in a positive way. People moved to the suburbs, and the housing market was in a good position.
The Baby Boom created a demand for....
day care
teachers
bigger cars
bigger houses
nurses/doctors
more clothes
more electronics
more necessities for babies
more consumers
Hope this helps!
A new concept that became popular with department stores was using credit cards, and buying on credit: it allowed the users t posses good they cannot afford and on the other hand gave more revenue to the shops and they could charge interest.