Which statement best completes the graphic organizer showing the causes
of the Great Recession
?
Causes of the Great Recession
Banks gave subprime mortgages to borrowers with low credit
ratings.
The demand for houses dropped, and borrowers were unable to pay
back their loans.
?
. A. Banks weren't able to lend money, and homeowners decided to
pay down debt rather than spend money.
B. The federal government freely gave money to large banks.
C. Tech stocks lost most of their value when the dot-com bubble
burst.
D. Government tax cuts for the wealthy led to income inequality.