How did technological innovations affect the U. S. economy during the 1990s?

A. they raised unemployment by eliminating the need for many jobs

B. they increased taxes and lowered home-ownership rates

C. they strengthened the economy and improved the standard of living

D. they increased the federal budget deficit and weakened the economy

Question

Adelyn

History

6 September, 17:46

How did technological innovations affect the U. S. economy during the 1990s?

A. they raised unemployment by eliminating the need for many jobs

B. they increased taxes and lowered home-ownership rates

C. they strengthened the economy and improved the standard of living

D. they increased the federal budget deficit and weakened the economy

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Answers (1)

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Karla Sloan · Answer 1

How did technological innovations affect the U. S. economy during the 1990s?

C. they strengthened the economy and improved the standard of living

Explanation:

The 90s were perhaps the least happening decade in terms of events that would alter the lifestyle of the people.

They were living a comfortable life in their time and they were in the middle of a steady increase of income and with a steady flow of technology.

Whatever jobs the automation lost were made by the new technology in different sort of work.

Overall the economy was soaring throughout the 90s because of all the innovation that happened in the technology.