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Blog #10
The Stock market crash of 1987 caused a rapid and severe downturn for practically all US stock prices. This crash also impacted all the other major world stock markets. It is speculated that the roots of the crash came from a series of monetary and foreign trade agreements. These trade deals deprecated the U.S dollar…
Blog #9
After the Cold War ended, the United States economy postwar was experiencing phenomenal economic growth. Gross national product in the United States jumped from about $200 thousand million in 1940 to $300 thousand million in 1950 to more than $500 thousand million in 1960. As time went on, more and more Americans considered themselves as…
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