AP U.S. History / Unit 9: Period 9: 1980–Present
9.4 A Changing Economy
Notes
The economy shifted from manufacturing to services and technology. Computers and the internet transformed work. Free trade (NAFTA, 1994) and globalization grew. Union membership declined; income inequality rose. The Great Recession (2007–2009) followed a housing crisis.
Practice
NAFTA (1994) created free trade among:
Replaced by USMCA in 2020.
The Great Recession began with:
2007–2008.
A long-term trend since 1980:
Deindustrialization.
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