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Homework answers / question archive /  In 2007 through 2009, the United States experienced the the nation's worst financial and economic crisis since the 1930s

 In 2007 through 2009, the United States experienced the the nation's worst financial and economic crisis since the 1930s

Economics

 In 2007 through 2009, the United States experienced the the nation's worst financial and economic crisis since the 1930s. O A. Great Depression B. Great Price Shock C. Great Recession O D. Era of Economic Uncertainty

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Ans:-Option (c) is the correct answer.

In December 2007 through June 2009, the United States experienced the Great Recession, the nation's worst financial and economic crisis since the 1930s. Recession means decline in GDP. During the great recession, the United States actual GDP contracted by more than 4 percent and every segment of U.S. economy was adversely affected.

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