The Great Recession Was Most Similar to Which of the Following

question 124

Multiple Choice

The Great Recession was most similar to which of the following downturns?

• A) the Great Depression
• B) the 2001 recession
• C) the 1990 recession
• D) the 1982 recession
• E) the 1930 recession

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Definitions:

Negotiation

A dialogue between two or more people or parties intended to reach a beneficial outcome over one or more issues where conflict exists.

Win-Lose

A competitive situation or outcome in which one party's gain is exactly balanced by another's loss.

Motivational Theories

A set of theories in psychology that attempt to explain how people are motivated to achieve certain goals and how this motivation influences their behavior and performance.

Maslow

Refers to Abraham Maslow, an American psychologist known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs in priority, culminating in self-actualization.