The longest economic expansion in our history began in (L05) a) the spring of 1961 b) the winter of 1982 c) the spring of 1991 d) the fall of 1993

Short Answer

Expert verified
The longest economic expansion in our history began in c) the spring of 1991.

Step by step solution

01

Verify the economic expansion during each period

Begin by researching and recalling the significant economic expansions within each period presented: spring of 1961, winter of 1982, spring of 1991, and fall of 1993.
02

Compare the durations of economic expansions

After identifying the economic expansions within each given period, compare their durations to determine which one was the longest in history.
03

Choose the correct answer

Based on your findings in the previous steps, select the answer that corresponds to the period with the longest economic expansion in history. After researching, we find that: - In the spring of 1961, the U.S. experienced an economic expansion, lasting until the end of 1969. - In the winter of 1982, another economic expansion occurred, lasting until the summer of 1990. - The spring of 1991 marked the beginning of an economic expansion that lasted until the beginning of 2001. - In the fall of 1993, the economic expansion that had begun in 1991 was still ongoing. Among these periods, the longest economic expansion occurred between the spring of 1991 and the beginning of 2001, lasting for nearly ten years. Therefore, the correct answer is: c) the spring of 1991

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