By 1992 the list of participating countries had grown to 140, and the timetable for ending production of CFCs advanced to 1996. This goal has largely been met. HCFCs pose less of a risk than CFCs because they decompose more readily in the lower atmosphere; nevertheless, they too degrade the ozone layer and are scheduled to be phased out by 2030.
From the end of 1984 until the eve of the Great Recession at the end of 2007, real personal consumption grew almost 37% more than the other components of real GDP. To a large extent, the secular growth of demand depended on the reliable rise in the spending of American households.
About the Great Depression. he Great Depression was an economic slump in North America, Europe, and other industrialized areas of the world that began in 1929 and lasted until about 1939.