Technological boom (Tech Boom)

May 18th, 2016
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The period from 1992 to 2000 is one of the most interesting in American History. Select two of the events listed and discuss the impact that these events had on America. Be sure to include information and descriptions of the principle individuals involved. Compare and contrast their impact on America, be specific and detailed. Use APA style requirements. NAFTA H. Ross Perot Rodney King Immigration Clinton’s Scandals Wal-Mart “Contract With America” The technological divide Disputed Election of 2000 The Clinton Recovery

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Running head: TECH BOOM1Technological BoomStudents NameInstitution AffiliationDateTECH BOOM2The Technological BoomA number of events took place in between 2000 and 1992 where some had great effectspolitically, socially and economically. Some of these events are the Clinton Recovery and theDisputed Election of 2000. When we refer to the Clinton Recovery we are just referring to theperiod between 1992 and 2000 when American witnessed a potential grown in the economy.This follows the president Clinton economic strategy that focused on the policies thatcomprehensively invested in people, infrastructure as well as innovation. As a result, the USeconomy grew at an average of approximately 3.7 per annum, making the longest recessionperiod in the history of US (Audretsch & Grimm, 2005). In addition, the country realized asubstantial decline in the public debt and the stock market witnessed an ultimate rise of morethan fourfold in real terms. As a result, the US recorded an historical financial wealth in itseconomy. To be specific, the country equity returns rose to more than 18% and an averagebudget deficit of less than 2.1% of the GDP. It also led to the tremendous increment in themonthly payroll gains of more than $260,000 (Audretsch & Grimm, 2005).Another critical event in the US history is the Disputed Election of 2000.Thepresidential election was held in November 2000.The contest was majorly between a George W.Bush, a republican can

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