What performance trend developed in the us economy in 1982

Answers

Answer 1

Answer:

As 1981 began, the Federal Reserve reported that there would be little or no economic growth in 1981, as interest rates were to continue rising in an attempt to reduce inflation.

After failing to gain traction during the weak and brief recovery from the 1980 downturn, weakness in manufacturing and housing caused by rising interest rates began to have an expanded effect on related sectors beginning in mid-1981. Job losses resumed, this time expanding to nearly all employment sectors through the end of 1982. Goods-producing sectors were hardest hit: 90% of all job losses in 1982 came from manufacturing, despite this sector making up only 30% of total non-farm employment. The machinery industry shed 400,000 jobs. Transportation equipment manufacturing fell by 180,000 jobs. Layoffs in electrical and electronics manufacturing exceeded 100,000. The mining sector shed 150,000 jobs, likely a result of high commodity prices and cratering demand from the recession. Construction shed a total of 385,000 jobs from July 1981 through December 1982. Non-durable goods manufacturing (e.g. textiles, rubber, apparel, plastics, tobacco, food, etc.), already under pressure since the mid-1970s, suffered some 365,000 job cuts.

The unemployment rate for auto workers rose from just 3.8% in early-1978 to 24% by the end of 1982; construction worker unemployment peaked at 22% during the same time.

The services sector, while not hit nearly as hard as manufacturing, shed 400,000 jobs during the recession, with sharp declines in transportation, utilities, state & local governments, and wholesale and retail trade. However, the finance, insurance, and real estate sector gained 35,000 jobs over the duration of the recession.

The heavy losses in manufacturing and construction, contrasted with more minor losses in services, also affected the unemployment rates for men and women differently. While the increases in unemployment for both sexes were roughly equal during the recession of 1973-1975 recession, the unemployment rate for men increased 4.5 percentage points during the 1981-1982 recession, while women suffered a comparatively more mild 2.5 percentage point increase in joblessness. Between the fall of 1981 and the end of 1982, nearly 70% of the increase in unemployment came from men's unemployment.

Unemployment had changed very little in the period between the end of the 1980 recession and the July 1981 start of the second, never dropping below 7.2%. Unemployment rose to double digits for the first time since 1941 in September 1982, and stood at a postwar high of 10.8% by the end of the year. The total increase in unemployment was 3.6%, which was less than the 1973–75 recession increase of 3.8%, yet still higher than the 2.9% average. Because the recession began with already elevated levels of unemployment, the increase easily pushed it higher than any other post-war recession. Overall, the recession caused the loss of 2.9 million jobs, representing a 3.0% drop in payroll employment, the largest percentage decline since the 1957–1958 recession. The number of underemployed workers (those who are working part-time but want full-time work) rose to the highest number ever recorded at that time since data collection began in 1955.

Unemployment was particularly severe amongst teenagers and racial minorities: the unemployment rates for black Americans peaked at 20% in December 1982, compared to 15% for Latinos and 9.3% for white Americans. Teen unemployment hit 24%, and was particularly severe amongst black teenagers: for most of 1982, unemployment for black teenagers stayed at roughly 50%.

Ronald Reagan, who had assumed office in January 1981, brought his own economic plan to the table. In August 1981, the president signed the Economic Recovery Tax Act of 1981, a three-year tax cut plan. As the recession deepened in 1982, Reagan's approval rating also dropped. As a result, during the 1982 midterm elections, Republican gains made in the House of Representatives during the 1980 election were reversed. However, control of the Senate was retained by the Republicans.


Related Questions

What is not a reason for the British loss at Yorktown

A. The French fleet blockaded them
B. They had officers such as Washington
C. The British forces were mainly Hessians
D. The allied American forces hemmed in the British

Answers

Answer:(c)

Explanation:

An executive order is a means of issuing federal directives in the United States, used by the President of the United States, that manages operations of the federal government.

True

False

Answers

Answer:True

Explanation:

True I have to right more letters but the answer is true

Which best explains how the reservation system affected the Yakama people?

Answers

Answer: They surrendered the right to millions of miles of ancestral lands.

Explanation:

The Yakama like other American Indian tribes, came into conflict with the United States as Americans went westward towards the Pacific.

A treaty was agreed that would have seen them moved into a reservation but before Congress could ratify it, war broke out as the Yakama replaced their Chief with his brother who then agitated for war.

The U.S. won the war and moved the Yakama into reservations which led to them losing millions of miles of ancestral land.

Answer:

The answer is A

Explanation:

Who would MOST LIKELY to agree with the following statement?

Answers

Answer:

Wdym?

Explanation:

What were some of the fears that Americans had about government after the American Revolution?

Answers

Answer:

Fear of Strong Central Government

The Articles made the national Congress weak on purpose. Having just won independence from Britain, many Americans feared that creating a strong federal government with too much authority over the states would only replace King George III with another tyrant. Instead, they envisioned Congress to be a supervisory body that would tie the states loosely for the common good. The early United States was thus a Confederation of nearly independent states, not the solid federation with a strong government that it is today. The states were in many ways like individual countries bound together to keep Britain at bay.

Americans were especially afraid of Federal Taxes. Remembering the “No taxation without representation!” cry from the Colonial era, they stipulated that only the individual states could levy taxes. This system proved to be a completely ineffective way of bankrolling a federal government, and in fact, many of the states refused to pay their fair share. Most years, in fact, the Congress received less than a third of what it asked for from the states. Moreover, Congress had been granted No Rights To Control Interstate Commerce. States were thus given a free hand to draft conflicting and confusing laws that made cross-border trade difficult.

Why did powerful kingdoms and empires develop in Southeast Asia?


HURRRRYYYY

Answers

Answer:

bc yes ofc

Explanation:

123

Answer:

As early as 10,000 years ago, Hoabinhian settlers had developed a tradition. The earliest Hindu kingdoms emerged in Sumatra and Java, followed by ... and strongest empire as well as one of the richest empires in Southeast Asia.

Explanation:

A person who enforced laws and managed tax
collection in Sparta

helot
tyrant
ephor
warrior

Answers

Answer:

The answer is a Ephor

Write a summary of Andrew Jackson

Answers

Answer: A legal counselor and a landowner, Andrew Jackson turned into a public war saint in the wake of crushing the English in the Clash of New Orleans during the Battle of 1812. Jackson was chosen the seventh leader of the US in 1828. Known as "individuals' leader," Jackson annihilated the Second Bank of the US, established the Progressive faction, upheld singular freedom, and founded arrangements that brought about the constrained relocation of Local Americans. He passed on June 8, 1845.

In what way are straw polls similar in bias to massive e-mail-writing campaigns staged by interest groups? (can be a short answer)

Answers

Answer:

yes yes yes yes yes

Explanation:

sir yes yes yes yes

Which of the following best explains the impact the necessary and proper clause has had on congressional power?

A. It has broadened the power of Congress by allowing it to limit the executive branch’s ability to commit the i United States to an armed conflict

B. It had weakened the power of Congress by allowing the Supreme Court to declare any law unconstitutional.

C. It has broadened the power of Congress to enact legislation addressing a wide range of economic, environmental, and social issues

D. It has weakened the power of Congress by restricting it to only those powers listed in the Constitution.

Answers

C. The necessary and proper clause is known as the elastic clause because it allowed Congress to do things outside of their enumerated powers.

How could having productive arguments and learning to fact-check support the common good and promote a healthy society?

Answers

Answer:

Productive argument help people see another perspective, while faxt-checking helps wade through misinformation and rumor.

2. Colonization and Encomiendas had many positive effects for the mother country such as easy
access to cheap resources and cheap labor. However, colonization and encomiendas had an
extremely negative effect on the areas that were exploited. What are some negative effects you
can think of?

Answers

Answer:

Negative effect of Colonization and Encomienda

Explanation:

Colonization and Economieda had many positive impacts in Europe because they generated wealth for the mother country. Colonies provided raw materials and got access to labour at a fair price with no restrictions. But, it also had a negative effect as it exploited the land and its resources for their benefits. Colonization destroyed the culture of the Native Americans which was followed for hundreds of years before the arrival of European in the New World. Diseases also played a crucial role in weakening the Natives. Encomienda introduced by the Spanish in America as a labour system. The purpose was to captured Native Americans and used them as labour in fields and mines. The exploitation of natives led many to die because of hardship and torture.

Which constitutional amendment was most violated during the Red Scare?

Answers

Answer:

The 1st Amendment

Explanation:

So during the red scare, people had a fear of communism, and mostly Russians because of the newly independent Soviet Union created by the Bolsheviks. This caused people, most importantly Mitchell Palmer, to arrest people and treat them very harshly with them not even being able to make a phone call.

What is the answer

Please help me

Answers

Answer:

what was your answer for number 5

In order for me to help I need to know what your answer was to question number five...

What was Alexander Hamilton's ideal Economy

Answers

Answer:

Hamilton's economic plan for the nation included establishing a national bank like that in England to maintain public credit; consolidating the states' debts under the federal government; and enacting protective tariffs and government subsidies to encourage American manufactures.

Explanation:

Hamilton's economic plan for the nation included establishing a national bank like that in England to maintain public credit; consolidating the states' debts under the federal government; and enacting protective tariffs and government subsidies to encourage American manufactures.

What was the Industrial Revolution impact on technology?

Answers

New inventions and technologies played an important role in the Industrial Revolution. They changed the way things were powered, how goods were manufactured, how people communicated, and the way goods were transported.

How was the flowing water model different than flowing water on earth

Answers

Answer:

Integrated Water Flow Model (IWFM) is a computer program for simulating water flow through the integrated land surface, surface water and groundwater flow systems. ... Surface water flow can be simulated as a simple one-dimensional flow-through network or with the kinematic wave method

2. What was the result of the Brown vs. Board of Education case?
a. Special public schools were set up for African American students
b. African American kids were prevented from attending the same schools as white kids
c. The entire nation was desegregated
d. African American kids were allowed to attend the same schools as white kids

Answers

Answer:

d africian american kids were alloweed ro attend the same schools as white kids.

Explanation:

maybe

During the Civil War the north begin to dominate the south after the battle at

Answers

Answer: battle at Vicksburg

Explanation:

in at least 5 sentences, explain what you would do if you were the president today trying to rebuild economy and relation.​

Answers

Answer:

If I was president, first I would make sure that no one would just be killed for a thought of a crime because lots of Black people are being killed just because people think they’ve done a crime, like George Floyd.

The second thing I would do if I was president is I would make sure that there was no bad cops at all.

I would let homeless people have more homes because every time when [homeless] people just are sitting on sidewalks with their signs, people always drive by and do nothing. … [I would also] put a trampoline there [at the White House.] I would probably put a bunch of fake spider webs and stuff.

Explanation:

If I was the president I would be like trump, Helping the economy which would be getting goods and open up facilities (ex:farms) and open up many more jobs to help the wealth of the country

Where are some strategic locations

Answers

Answer:

Feasibility. Logistics. Labor. Community and site. Trade zones. Political risk. Governmental regulation.

Explanation:

1. The Prayaga Prashasti can be seen in
a) Delhi
c) Varanasi
b) Prayagraj
d) Bihar​

Answers

Answer:

my answer is varanasi

Explanation:

I hope my answer can help you

which of the following helped pioneers peel bark off trees to build their log homes.
A. draw knife
B. fro knife
C. grinding stone

Answers

which of the following helped pioneers peel bark off trees to build their log homes.
A. draw knife


What role did Islam play in Africa?

Answers

Answer: Islam promoted trade between West Africa and the Mediterranean. The religion developed and widened the trans-Saharan Caravan trade. The trade enriched the West African and the Muslim traders. Muslims from North Africa came in their numbers and settled in the commercial centres.

Africa was the first continent, that Islam spread into out of Arabia in the early seventh century. Almost one-third of the world’s Muslim population resides today in the continent.

Explanation:

(25+ POINTS & BRAINLEST!) EASY! All of these presidents have one thing in common – except one. Who is the odd one out?

A.
B. John F Kennedy
C.
D. Abraham Lincoln
E. Zachary taylor
F.

Answers

Answer:

your answer is b.john f kennedy

Describe Art Deco in 3 adjectives

Describe Art Nouveau in 3 adjectives

Answers

Answer:

Art deco: geometric, sleek, vibrant

Art Noveau: organic, flowing, decorative

Lisa has been asked to join the famous Jane Goodall Institute on a research project studying chimpanzees in Africa. Which qualifies Lisa for this opportunity? She is an Computer Expert who uses a program to gather information, and she can stand for long periods of time. She is an Engineer who has designed new tools to gather information, and she shows steadiness using those tools. She is a Zoologist with proven research skills when it comes to gathering information, and she is in peak physical condition. She is a Biologist who creates and interprets diagrams, and she shows dexterity in the field.

Answers

Answer: She is a Zoologist with proven research skills when it comes to gathering information, and she is in peak physical condition

Explanation:

Jane Goodall is famous due to the fact that she studies chimpanzees by going to Tanzania and lived among the chimpanzees in order to study how they lived and behaved. She made several discoveries about the animal and called for the ecological preservation which was done through her institute referred to as the Jane Goodall Institute.

Since we are informed that Lisa has been asked to join the famous Jane Goodall Institute on a research project studying chimpanzees in Africa, the option that qualifies Lisa for this opportunity is that "shee is a zoologist with proven research skills when it comes to gathering information, and she is in peak physical condition"

Answer:

your answer would be C

Explanation:

hope this helps someone

Which statement BEST supports the practice of creating majority-minority districts?
a. It makes it more likely that Democrats will get elected. .
b. It was commonly used during the late 20th century.
c. It creates districts that may have a loose geographical connection.
d. It helps minority groups receive political representation.
e. It was found constitutional according to the Supreme Court.

Answers

The right answer is A n E

You can see which words and phrases Lincoln paid particularly close attention to when he revised his speech. Choose one or two of these places where Lincoln revised and write about what the changes suggest that Lincoln was dedicated to when he wrote the Gettysburg Address.

Answers

Lincoln uses rhetorical devices like allusions, repetition, and antithesis in the Gettysburg Address to remind the audience of the goals of the soldier's sacrifice: equality, freedom, and racial harmony.

What is the Gettysburg Address?

Abraham Lincoln, the president of the United States, gave a speech known as The Gettysburg Address in 1863 at the dedication of the National Cemetery in Gettysburg, Pennsylvania, the site of one of the war's pivotal battles.

Lincoln urges the living to decide to do three things in his Gettysburg Address: first, "that these dead shall not have died in vain;" second, "that this nation, under God, shall have a new birth of freedom; and third, "that government of the people, by the people, for the people, shall not perish from the earth." In order to honor the men who had fought and perished at the Battle of Gettysburg in order to keep the Union together, President Abraham Lincoln gave his renowned speech.

Learn more about Gettysburg on:

https://brainly.com/question/27406002

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Question 3 (1 point)
Which of the following was a goal of the Congress of Vienna?
to establish a single union of European states
to negotiate a peace deal between Prussia and France
to create a model democratic constitution for European states to follow
to create a balance of power in Europe in order to maintain a lasting peace

Answers

Answer: B

Explanation:

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