QQuestionBusiness Law
QuestionBusiness Law
Which was a cause of the Great Recession of 2007 to 2009?
A. Internet companies being overvalued, creating a bubble
B. People buying stock on margin
C. A highly unequal distribution of wealth
D. Banks taking too many risks in authorizing mortgages
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Answer
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Step 2: Understand the Context
The Great Recession was a significant economic downturn that occurred between 2007 and 2009, causing widespread financial instability and economic hardship in the United States and globally.
Final Answer
Banks taking too many risks in authorizing mortgages
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