The 1980s were known as the lost decade for Latin America, in which the area occurred a significant economic depression. Jump to: navigation, search // Events and trends The 1980s marked an abrupt shift towards more conservative lifestyles after the momentous cultural revolutions which took place in the 1960s and 1970s and the definition of the AIDS virus in 1981. ... Latin America consists of the countries of South America and some of North America (including Central America and some the islands of the Caribbean) whose inhabitants mostly speak Romance languages, although Native American languages are also spoken. ... In economics, a depression is a term commonly used for a sustained downturn in the economy. ...
The same term is used for the 1990s in Japan (jap. ushinawareta jūnen 失われた10年), following the collapse of the Japanese asset price bubble. Jump to: navigation, search // Events and trends The 1990s are generally classified as having moved slightly away from the more conservative 1980s, but otherwise retaining the same mindset. ... At the height of the bubble, it was a matter of pride that the land around the Imperial Palace in Tokyo was at one point worth more than California, the Financial Times said. ...
The same term is also used for the post-war period in Britain from 1945-1955.
Categories: South America-related stubs | Japan-related stubs | 1980s | 1990s | Economy of Japan
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