In 2008 and early 2009,share values declined sharply as the global economy fell into a severe recession.This type of stock market is referred to as a:

Question

Quizplus · Accepted Answer

A bear market is characterized by a declining stock market over a prolonged period of time, often due to a weak economy or negative economic news. The decline in share values in 2008 and early 2009 was a result of the global economic recession, hence it is referred to as a bear market. A bull market, on the other hand, is characterized by a rising stock market and is typically associated with positive economic growth and investor optimism. A volatile market refers to a market that is unpredictable, with quick and significant fluctuations in prices. Therefore, the best choice for this question is C) Bear market.

In 2008 and Early 2009,share Values Declined Sharply as the Global