Apentix/AP US History/Unit 9: Period 9 (1980-Present)/Question

AP US Historyeasymcq1 pt

The Great Recession of 2007-2009 was triggered by

A.the collapse of a housing bubble built on risky mortgage lending

B.a crop failure in the Midwest

C.a sudden end to all international trade

D.the failure of the Federal Reserve

Explanation

Core Concept

Years of subprime lending and rising home prices ended in mass defaults and foreclosures. Falling mortgage-backed securities then threatened major financial institutions.

Correct Answer

Athe collapse of a housing bubble built on risky mortgage lending

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