One of the consequences of the Great Recession was that:
A) many jobs disappeared altogether as companies contracted in response to the recession.
B) the morale and the motivation level of employees who did not lose their jobs during the recession was boosted.
C) all employees who lost their jobs became successful entrepreneurs.
D) employees in hightech, highend jobs were the only ones laid off.

Question

One of the consequences of the Great Recession was that:
A) many jobs disappeared altogether as companies contracted in response to the recession.
B) the morale and the motivation level of employees who did not lose their jobs during the recession was boosted.
C) all employees who lost their jobs became successful entrepreneurs.
D) employees in high­tech, high­end jobs were the only ones laid off.

Quizplus · Accepted Answer

The Great Recession led to a significant contraction in the economy, causing many companies to downsize or go out of business, which resulted in job losses for many individuals.

One of the Consequences of the Great Recession Was That