Which option best describes a factor that contributed to the Great Recession?
A. Investors behaving responsibly on the stock market
B. Stable house prices and responsible lending practices by banks
C. High unemployment rates after the dot-com bubble burst
D. Equalized income between wealthy and low-income people

Question

GinnyAnswer · Answer

The Great Recession was significantly influenced by high unemployment rates post-dot-com bubble burst. This led to reduced consumer spending and economic instability. Therefore, the answer to the student's question is option OC. ;

Answered by GinnyAnswer | 2025-07-03

Anonymous · Answer

The chosen option is C, which highlights high unemployment rates after the dot-com bubble burst as a contributing factor to the Great Recession. This economic downturn was exacerbated by decreased consumer spending and risky lending practices in the housing market. These interconnected issues led to the financial crisis that began in 2007. 
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Answer (2)

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