Stock market declines preceded a full-blown financial crisis
A) in the United States in 1987.
B) in the United States in 2000.
C) in the United States in 1929.
D) in all of the above.
E) in none of the above.

Question

Quizplus · Accepted Answer

The stock market crash of 1929 preceded the Great Depression, a full-blown financial crisis. The 1987 and 2000 declines did not lead to such crises.

Stock Market Declines Preceded a Full-Blown Financial Crisis