scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 942
How has your life changed since 1991 Have you noticed an increase of material goods around your house a new car in your driveway or a little bit bigger gut due to eating more prime rib and filet mignon If you have answered yes to any of these questions you are among the millions that have benefited from the economic boom The economic boom refers to the period of economic expansion that started in March of 1991 and is still happening to this day The following report will analyze various aspects of the economic boom including what contributed to the boom and the areas of the economy which are positively and negatively affected It will also review how long it is projected to last and possibilities that could send our economy into a recession or even depression The Economic Boom as previously stated refers to the period of economic expansion that started in March of 1991 and has been proceeding for the past 108 months These 108 months have been the longest period of economic growth ever in American history The stock market is growing faster than it ever has before Unemployment is at an all time low and whats even more impressive is that inflation is staying down As of February 2000 over 100000 people were earning over a million dollars a year It seems as though everything is contributing to the Boom Suddenly there is an increase in entrepreneurs these entrepreneurs create jobs for people The stock market is reaching record heights and with unemployment at a low people have money to invest in companies Stocks now account for 54 if household financial assets 40 million investors have entered the market since the Boom began The end of the cold war is another of the more important events leading to the Boom With the collapse of the Soviet Union America has been able to reduce its emphasis from national security to
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA