Question

The table below shows the economic recessions that have occurred since the end of World War II and 2019. How long was the shortest recession during this period?

Peak Trough Length of Recession
July 1953 May 1954 10 months
August 1957 April 1958 8 months
April 1960 February 1961 10 months
December 1969 November 1970 11 months
November 1973 March 1975 16 months
January 1980 July 1980 6 months
July 1981 November 1982 16 months
July 1990 March 1991 8 months
March 2001 November 2001 8 months
December 2007 June 2009 18 months

O 16 months.
O 12 months.
O 18 months.
O 6 months.

Answer 1

The shortest recession since the end of World War II up to 2019 lasted six months, from January to July 1980.

Step-by-step explanation:

When analyzing the economic recessions that have occurred since the end of World War II up to 2019, it is clear that recessions have varied in length, with the shortest recession during this period lasting six months.

This six-month recession began in January 1980 and ended in July 1980. If we examine the table closely, it lists the Months of Contraction for each recession, allowing us to determine the length of each economic downturn.

Narrowing down the shortest recession based on provided data, we find that the correct option is the one that indicates six months duration, which is significantly shorter than the average recession length since WWII, identified as 11 months or slightly less than a year.