Question

How did the end of the Cold War contribute to the Clinton-era economic boom?
(1 point)
Responses

People were no longer afraid and were willing to spend more money on luxury goods.
People were no longer afraid and were willing to spend more money on luxury goods.

Americans welcomed people from the former Soviet Union into the U.S. job market.
Americans welcomed people from the former Soviet Union into the U.S. job market.

Costly military resources did not need to be maintained at the same level.
Costly military resources did not need to be maintained at the same level.

Expensive presidential visits to the Soviet Union were no longer necessary.

1 answer

The correct response is:

Costly military resources did not need to be maintained at the same level.

The end of the Cold War allowed the U.S. to reduce military spending significantly, freeing up resources that could be redirected into the economy and contributing to the economic boom during the Clinton era.