Question

Please answer correct only

A B C D

How was the Great Recession different from the Great Depression?

A- The Great Recession had unemployment at 10%, while the Great Depression had unemployment at 25%.

B- The Great Recession avoided a crash in the prices of goods, while the Great Depression had a massive crash.

C- The Great Recession was caused in partly by over-borrowing , unlike the Great Depression.

D- The Great Recession saw more people lose their homes than during the Great Depression.

Answer 1

a.) The term "Great Recession" is a play on the term "Great Depression" of the 1930s, when gross domestic product (GDP) declined more than 10% and unemployment hit 25%

b.)The term "Great Recession" is a play on the term "Great Depression" of the 1930s, when gross domestic product (GDP) declined more than 10% and unemployment hit 25%

c.)The Great Recession was a period of marked general decline observed in national economies globally, i.e. a recession, that occurred from late 2007 to 2009.

d.)The subprime mortgage collapse caused many people to lose their homes, and the fallout created economic stagnation. Americans faced financial disaster