Economic fluctuations in the United States have been less extreme since the 1950s.

Question

Quizplus · Accepted Answer

This statement is true. While the US economy has still experienced periods of recession and growth, the severity of these fluctuations has decreased since the 1950s. This is commonly attributed to improvements in monetary and fiscal policy, as well as the growth of international trade and globalization. However, it is important to note that some fluctuations, such as the 2008 financial crisis, still had significant impacts on the economy.

Economic Fluctuations in the United States Have Been Less Extreme