Which of the Following Is the Most Accurate Statement About

Which of the following is the most accurate statement about the cycles of growth and depression in the 1870s and 1880s?

A) While boom periods were pronounced, the contractions during that time period were mild and brief.
B) The duration and timing of expansion and contraction had become regular and predictable in this time.
C) Economic booms happened mostly because of aggressive federal intervention in the economy.
D) Americans living in the late nineteenth century came to expect that hard times were likely in the future, regardless of how prosperous life seemed at the moment.