From the mid-1980s until late 2007, the less world's less volatile economies were probably due, at least in part, to good luck.

Question

Quizplus · Accepted Answer

This statement is true. The period from the mid-1980s until late 2007 was characterized by a period of low volatility in many of the world's economies, which some economists argue was due in part to good luck, such as the absence of major geopolitical events, stable commodity prices, and low inflation.

From the Mid-1980s Until Late 2007, the Less World's Less