The second economic wave: the stock market broke out during 1986- 1992. When the China stocks that have been extinct for more than 30 years reappear, almost all the stocks soared as soon as they went public. Those who invest in the stock market first become millionaires or even multimillionaires inexplicably. However, after 1992, it is difficult to make money except for a few bookmakers and large households. ?
The third economic wave: 1992- 1993 during the real estate outbreak, there was a real estate boom around Hainan and Guangxi, and many people engaged in power and money transactions and became rich quickly, becoming millions, tens of millions and billionaires! After that, it cooled down because of state intervention.
The fourth economic wave: E-commerce Internet 1990 broke out in Zhongguancun, Beijing, with an early profit of 200-300 times.
The fifth economic wave: the outbreak of pure capital operation. The fifth economic wave first appeared in Guangxi at 1998, and its early profit was nearly 100 times. Up to now, there is no legislation, and it is still in its infancy.
Extended data:
Economy is the creation, transformation and realization of value; Human economic activities are activities that create, transform and realize value and meet the needs of human material and cultural life.
Simply put, saving is the management of materials; It is the general name of the overall dynamic phenomenon of people's production, use, treatment and distribution of all substances. This concept refers to a family's housework management from a micro perspective, and to a country's economy and people from a macro perspective. In this dynamic whole, it includes various activities of human production, savings, exchange and distribution; Production is the foundation of this dynamic, and distribution is the end of this dynamic.
References:
Baidu Encyclopedia-Economy