The Common Feature of the Great Depression and the Global

question 45

Multiple Choice

The common feature of the Great Depression and the Global Economic Crisis is

• A)that they were preceded by an asset price bubble.
• B)the active role of the Government before the crises.
• C)the active role of the FED before the crises.
• D)the immediate and the aggressive response by both government and the FED.

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Definitions:

Tulipmania

A period in the Dutch Golden Age where contract prices for tulip bulbs reached extraordinarily high levels and then dramatically collapsed.

Asphyxiation

A condition arising from severely deficient supply of oxygen to the body that arises from abnormal breathing.

High Density Situations

Situations or environments where there is a high concentration of individuals in a given space, which can often lead to increased stress or social tension.

The Who Concert

Specifically refers to any live performance by the legendary rock band The Who.