Which of the following caused a recession in the years immediately following World War II?
A)A surge in investment spending.
B)Pent-up demand for consumer goods.
C)Cutbacks in defense production.
D)Technological advances.

Question

Quizplus · Accepted Answer

The years immediately following World War II saw cutbacks in defense production, as the war had ended and the military focus shifted. This reduction in government spending contributed to a recession during this period.

Which of the Following Caused a Recession in the Years