Since World War II,the United States has experienced:
A) An increase in output every year.
B) Only one recession and it was minor.
C) Several recessions but none as severe as the Great Depression.
D) Several recessions and in each case a war was necessary to end it.

Question

Quizplus · Accepted Answer

The United States has experienced several recessions since World War II, but none have been as severe as the Great Depression. While there have been economic downturns such as the 1970s oil crisis and the 2008 financial crisis, they have not reached the same level of devastation as the Great Depression.

Since World War II,the United States Has Experienced