Question

PLEASE ANSWER FAST!

Summarize the causes and effects of the recession that began in the mid-2000s. Explain the story about it and write full sentences.

Answer 1

Answer: in a move to protect the economy from the overvalued stock market,made successive interest rate increases.Using the stock market as an unofficial benchmark,a recession would have begun in March 2000 when the NASDAQ crashed.

Explanation:the drive of housing bubble cause the recession that began in the mid 2000s.the effect of that made the NASDAQ crash