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[218] Baskett died shortly afterward, and his widow wrote Disney a letter of gratitude for his support claiming he had been a "friend in deed and [we] certainly have been in need." [219] [181] Floyd Norman, the studio's first black animator who worked closely with Disney during the 1950s and 1960s, said, "Not once did I observe a hint of the racist behavior Walt Disney was often accused of after his death
The economy follows cycles where years of growth are followed by recessions, and the business environment is always changing with new technologies, new regulations, new competitors, and new consumer behaviours appearing all the time
