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The Great Recession of 2008 Saw Unemployment Rates Reach 10

Question 53

Multiple Choice

The Great Recession of 2008 saw unemployment rates reach 10 percent in October 2009 before declining in response to the economic policies of the Federal Reserve and President Obama. Not even ten years later, the unemployment rate in July 2019 reached 3.7 percent under President Trump. What does this suggest?


A) Capitalism is a dangerous economic system that creates quick, volatile changes that hurt Americans.
B) Only socialist economic policies can combat the negative effects of capitalist economic policies.
C) Conservative fiscal and monetary policies tend to have a harmful effect on the economy.
D) Harsh economic periods signal neither the end of capitalism nor a declining democracy.

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