Author Question: During times of financial crisis with an outraged citizenry, members of both political parties tend ... (Read 50 times)

charchew · **on:** Jul 8, 2018

During times of financial crisis with an outraged citizenry, members of both political parties tend to find common ground and abandon their commitment to

a. trickle-down theory.
b. laissez-faire capitalism.
c. Keynesian economics.
d. Malthusian theory.
e. capitalism.

Question 2

What factor did the Great Depression of the 1930s and the Great Recession of 2007-2010 have in common?

a. Protectionism caused foreign investors to pull money out of U.S. companies.
b. The government showed preference to one industry, creating imbalance in the market.
c. Banks and other financial institutions capitalized on a lax regulatory environment.
d. New technology and real estate booms created an artificial bubble for investors.
e. Banks preyed upon nave investors and swindled them with predatory lending practices.