Identify a true statement about the Great Recession.
A)The economy completely recovered from the Great Recession in 2009.
B)The Great Recession spread around the globe by 2008.
C)The middle class was the least affected by the Great Recession.
D)The Great Recession increased employment rates to almost ten percent.

Question

Quizplus · Accepted Answer

The Great Recession started in the United States in 2007 and quickly spread around the globe, affecting many countries. It was a worldwide economic downturn, with numerous interrelated causes and effects. Options A and C are incorrect as the economy did not fully recover in 2009, and the middle class was particularly affected by the recession. Option D is also incorrect as employment rates increased to almost ten percent, indicating a rise in unemployment rather than job creation.

Identify a True Statement About the Great Recession