The original cause of the Great Recession was

Name: The original cause of the Great Recession was
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Question

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The Great Recession was primarily caused by the failure of the US housing market. Financial institutions were giving out subprime mortgages to unqualified buyers, which led to a housing bubble that eventually burst. This resulted in a widespread financial crisis that affected markets around the world. The other options (A, B, and D) were not directly responsible for the Great Recession.

The Original Cause of the Great Recession Was