Which of the following statements is true about the Great Recession of 2008-2009?
A)Tweens were the most affected population group.
B)Inflation rates increased to almost ten percent.
C)It began with the collapse of inflated housing prices.
D)It increased employment opportunities in the U.S.

Question

Which of the following statements is true about the Great Recession of 2008-2009?
A)​Tweens were the most affected population group.
B)Inflation rates increased to almost ten percent.
C)It began with the collapse of inflated housing prices.
D)​It increased employment opportunities in the U.S.

Quizplus · Accepted Answer

The Great Recession of 2008-2009 began with the collapse of inflated housing prices, which triggered a financial crisis in the banking and credit sectors. This led to a severe economic downturn that affected many industries and individuals.

Neither A, B, nor D are true statements about the Great Recession.

Which of the Following Statements Is True About the Great