Which of the following did not contribute directly to the Great Recession?
A) crisis in the mortgage lending market
B) the bursting of the dot-com stock market bubble
C) freezing credit markets
D) pessimism originating from ﬁnancial market turmoil

Question

Quizplus · Accepted Answer

The bursting of the dot-com stock market bubble occurred in 2000-2002, whereas the Great Recession began in late 2007. While the dot-com bubble had some impact on the economy, it did not directly contribute to the factors that led to the Great Recession.

Which of the Following Did Not Contribute Directly to the Great