Asked by Margot Rochester on Jul 15, 2024

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The last recession began in

A) the winter of 1989-90.
B) the spring of 1990.
C) the spring of 2001.
D) the winter of 2007.

Last Recession

Describes the most recent period of significant decline in economic activity across the economy, lasting more than a few months.

Winter 1989-90

A specific time period referring to the winter months of December 1989, January 1990, and February 1990, often notable for its weather or events occurring then.

  • Comprehend the triggers and attributes of economic declines and revivals.
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Maryam VahdatiJul 20, 2024
Final Answer :
D
Explanation :
The last recession began in the winter of 2007-2008, which is indicated by the option D.