(q008) the influx of cheap goods from what country accelerated the loss of manufacturing jobs in the united states during the gr

Question

Tema [17]

1 year ago

14

(q008) the influx of cheap goods from what country accelerated the loss of manufacturing jobs in the united states during the gr

eat recession?

Business

1 answer:

USPshnik [31] · Answer 1 · 2024-01-17T10:04:23+03:00

The influx of cheap goods from <u>Europe</u> accelerated the loss of manufacturing jobs in the united states during the great recession.

<h2>What caused the great recession?</h2>

The Great Recession referred to period of general decline such as recession that was observed in national economies globally that occurred between 2007 and 2009.

The causes of Great Recession included combination of vulnerabilities that developed in the financial system along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012.