Most recessions in the United States since World War II have begun with
A)a decline in residential construction.
B)a rapid increase in the price level.
C)a substantial number of bank failures.
D)a stock market crash.

Question

Quizplus · Accepted Answer

According to historical data, most recessions in the US since WWII have been preceded by a decline in residential construction. This is because the housing industry is a key driver of the economy, and when it slows down, it can have a domino effect on other industries and ultimately lead to a recession.

Most Recessions in the United States Since World War II