The 2007-2009 Recession Was _____ the Previous Two Recessions, in 1990

question 197

Multiple Choice

The 2007-2009 recession was _____ the previous two recessions, in 1990 and 2001.

• A) deeper than
• B) less deep than
• C) about the same as
• D) a continuation of

Understand historical shifts in production methods and their impact on business size and structure.

Describe the interdependency between small and large businesses.

Recognize the significant representation of small businesses in the service sector.

Understand the rise in entrepreneurship education and the factors contributing to the increase in small business formation.

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Definitions:

Structuralism

A school of thought in psychology that analyzes the basic elements of human thought and perception, seeing the mind as a structure made up of interconnected parts.

Consciousness

The state of being aware of and responsive to one's surroundings; a person's subjective experience of the world and mind.

Behaviourist

A psychologist who studies and interprets behavior as a function of environmental histories of reinforcing consequences.

Gestalt Psychologist

A psychologist specializing in the study of perception and learning, emphasizing the idea that the whole is more than the sum of its parts.