what are some examples of economic trends in recent history?


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  • 1 decade ago

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    The most obvious recent economic trend has been the increase in standard of living in the developed world (Japan, US, Western Europe) since about 1890. There has been a gradual growth in both GDP and per capita GDP in these nations over the last 100 or so years.

    A deviation from this trend would be something such as the great depression.

    Another more technical example (again excluding the great depression and world war years due to combat and excessive tariffs) would be the continual increase in international trade. That is, every year, the world sees a slightly higher percentage of its production traded between states. This could be due to several facts such as the lowering of trade barriers or the increase of global communication and/or interdependence of global markets.

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