asked 182k views
3 votes
how did the U.S. economy change between the time the second President Bush took office in 2001 and the time Barack took office in 2009?

asked
User Saltuk
by
7.9k points

1 Answer

1 vote

Answer:

The economy changed due to the financial crisis in 2008. The housing market was impacted by the crisis, and evictions and foreclosures began. The stock market responded in a major plummet and business became too fail. This caused unemployment worldwide. Thanks to Congress, the approved "Bailout Bill" helped bring the countries economy up and provided billions of dollars to the economy.

:)

answered
User Nassim Ben
by
8.5k points
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