Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

Was the 1980's economy in the US prosperous?

whenever i begin to do research the statistics look as though the economy was not doing very well, yet when i ask individuals about their life in the 80's they say everyone was economically sound (an exaggeration of course).

So was the economy in the 80s prosperous and if so why?

1 Answer

Relevance
  • ?
    Lv 4
    1 decade ago
    Favorite Answer

    For the most part, yes. The US experienced unforeseen economic growth.

    However, there was a relatively slight recession in the late 80's. At least compared to this recession.

Still have questions? Get your answers by asking now.