The Dot-Com Bust of the Late 1990's/early 2000's and the Financial

question 18

Multiple Choice

The dot-com bust of the late 1990's/early 2000's and the financial meltdown of 2008 are both examples of which process gone "awry" in a system?

• A) deviation-counteracting feedback that prevented growth in both the Internet and financial sectors so that both remained at homeostasis
• B) deviation-counteracting feedback that shrunk both the Internet and financial sectors until they were too small, and therefore collapsed
• C) deviation-amplifying feedback that created growth in both the Internet and financial sectors so that both remained at homeostasis
• D) deviation-amplifying feedback that created growth in both the Internet and financial sectors until they were too big, and therefore collapsed

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Definitions:

Demographic Changes

Alterations in the composition of a population over time, including factors such as age, race, employment, urbanization, and birth and death rates.

Rapid

Describes something happening in a fast or speedy manner, often quicker than expected.

American Society

The social structure and cultural norms prevalent in the United States.

Early Twenty-First Century

pertains to the period from the year 2000 onwards, characterized by significant technological advancements, globalization, and various social and political changes.