Asked by
Anisha Gautam
on Oct 14, 2024Verified
The longest and most severe of these recessions was in
A) 2007 - 2009.
B) 1990-1991.
C) 1960-1961.
D) 1953-1954.
Severe Recessions
Extended periods of economic decline around the world characterized by significant reductions in economic activity, high unemployment, and often deflation.
- Comprehend the origins and outcomes of economic recessions and depressions in American history.
Verified Answer
SC
Learning Objectives
- Comprehend the origins and outcomes of economic recessions and depressions in American history.