The Great Recession that started in 2007 was triggered by shocks in which of the following economic sectors?
A)gold market and stock market
B)international trade and foreign exchange markets
C)real estate and financial markets
D)consumer and government spending

Question

Quizplus · Accepted Answer

The Great Recession was primarily triggered by the collapse of the housing bubble and the subsequent crisis in the financial markets, particularly due to subprime mortgage lending and the failure of financial institutions.

The Great Recession That Started in 2007 Was Triggered by Shocks