In the early 1990s strong economic growth took place. This period was known as the golden period.
Step-by-step explanation:
- During 1990s there was a tremendous economic growth as well as many people got employed, there was increase in productivity.
- At that period inflation was also low. Economic book took place , there was advancement in technologies various changes took place.
- Stock market was also in a proper condition . As well as proper monetary policies were taken to bring this change.
- There was also increase in investment as well as there was increase in consumption.