America enters the twenty-first century with an economy larger than ever, and by many measures more successful than ever before. It not only endured two world wars and the global recession in the first half of the twentieth century, but also to overcome the challenges of the Cold War with the Soviet Union for 40 years until the round of inflation deep, high unemployment, and severe budget deficit of the government in the second half of the twentieth century. America finally has been a period of economic stability in the 1990s: stable prices, unemployment fell to its lowest level in nearly 30 years, the government posted a budget surplus, and the market stock soared as never before.
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