A prominent aspect of the recent Great Recession,but not of the Great Depression of the 1930s,is ________.

Question

Quizplus · Accepted Answer

Nonconventional monetary policy, such as quantitative easing, was prominent during the Great Recession but was not utilized during the Great Depression. Bank panics were a prominent aspect of the Great Depression, but not as much during the Great Recession. Mortgage defaults and an increase in the credit spread were also present in both periods.

A Prominent Aspect of the Recent Great Recession,but Not of the Great