The so-called Great Recession in the U.S.
A)is another name for the Great Depression.
B)was the worst economic downturn since the Great Depression.
C)was triggered by oil-supply shocks.
D)was caused by a sharp increase in the value of the U.S.dollar.

Question

Quizplus · Accepted Answer

The Great Recession was the most severe economic downturn since the Great Depression, primarily triggered by the collapse of the housing market and financial institutions in 2007-2008.

The So-Called Great Recession in the U.S