A bear market is one characterized by a decline of:
A)10% or more.
B)15% or more.
C)20% or more.
D)25% or more.

Question

Quizplus · Accepted Answer

While there is no agreed upon definition for a bear market, typically a decline of 20% or more from a previous high is considered to be a bear market. This term is often used to describe a general downward trend in the stock market, and is characterized by widespread pessimism and declines across many different sectors and industries.

A Bear Market Is One Characterized by a Decline Of