Which event marked a severe worldwide economic downturn that occurred during the late 2000s and early 2010s?
Understand the Problem
The question is asking for the identification of a specific economic event that resulted in a serious global downturn, specifically within the late 2000s and early 2010s. The options provided represent various historical events, and the goal is to determine which one is correctly associated with that timeframe.
Answer
The Great Recession
The severe worldwide economic downturn that occurred during the late 2000s and early 2010s is known as the Great Recession.
Answer for screen readers
The severe worldwide economic downturn that occurred during the late 2000s and early 2010s is known as the Great Recession.
More Information
The Great Recession, which lasted from December 2007 to June 2009, was the most significant economic downturn since the Great Depression.
Sources
- Great Recession - Wikipedia - en.wikipedia.org
- The Great Recession - Federal Reserve History - federalreservehistory.org
- Great Recession: What It Was and What Caused It - Investopedia - investopedia.com
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