QuestionJuly 25, 2025

Which of these could be described as a characteristic of the economic boom of the 1990 s? Globalization of trade Rapid growth of blue collar jobs Even distribution of wealth Low prices for multinational corporate stocks

Which of these could be described as a characteristic of the economic boom of the 1990 s? Globalization of trade Rapid growth of blue collar jobs Even distribution of wealth Low prices for multinational corporate stocks
Which of these could be described as a characteristic of the economic boom of the 1990 s?
Globalization of trade
Rapid growth of blue collar jobs
Even distribution of wealth
Low prices for multinational corporate stocks

Solution
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Answer

Globalization of trade Explanation 1. Identify Characteristics of the 1990s Economic Boom The 1990s economic boom was marked by technological advancements, increased globalization, and a rise in stock markets. 2. Analyze Each Option - **Globalization of trade**: Increased during the 1990s due to technological advances and trade agreements. - Rapid growth of blue-collar jobs: Not characteristic; there was more growth in technology and service sectors. - Even distribution of wealth: Wealth distribution was uneven, with significant income inequality. - Low prices for multinational corporate stocks: Stock prices generally rose during this period.

Explanation

1. Identify Characteristics of the 1990s Economic Boom<br /> The 1990s economic boom was marked by technological advancements, increased globalization, and a rise in stock markets.<br /><br />2. Analyze Each Option<br /> - **Globalization of trade**: Increased during the 1990s due to technological advances and trade agreements.<br /> - Rapid growth of blue-collar jobs: Not characteristic; there was more growth in technology and service sectors.<br /> - Even distribution of wealth: Wealth distribution was uneven, with significant income inequality.<br /> - Low prices for multinational corporate stocks: Stock prices generally rose during this period.
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