Ireland's rapid growth came to a halt in 2008 because:
A)the potato crop was destroyed by bad weather.
B)the central bank of Ireland refused to accept the euro.
C)of a real estate bubble.
D)of the failures of many shipping companies.

Question

Quizplus · Accepted Answer

Ireland's growth was largely fueled by a real estate boom leading up to 2008, which led to a housing market crash and a banking crisis. This caused a deep recession and a significant increase in unemployment rates.

Ireland's Rapid Growth Came to a Halt in 2008 Because