Introduced in 1995, Black gold, Better to prevent waste generation, Bio plastics

Explanation

### Step-by-Step Solution:

1. **Understanding the Term "Black Gold":**
- The term "Black Gold" refers to crude oil. It is called "black" due to its dark color when extracted from the ground. The term "gold" signifies its high value and importance in the economy.

2. **Historical Context:**
- The term "Black Gold" was popularized in the mid-20th century, particularly around 1955, when the significance of oil in industrial and economic development became widely recognized.

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