The Recession That Began in 2008 Was Caused by ________

question 52

Multiple Choice

The recession that began in 2008 was caused by ________.

• A) poor lending practices
• B) overproduction
• C) an Asian stock market slump
• D) crop failure

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Definitions:

Personal Moral Philosophy

An individual's set of beliefs, values, and principles that guide their understanding of right and wrong and influence ethical decision-making.

Ethical Behavior

Actions or practices conducted in accordance with recognized moral principles or standards, crucial in maintaining trust and integrity in business.

Whistle-blower

An individual who exposes illegal, unethical, or improper conduct within an organization, often risking their own career or well-being.

Consumer Product Safety Commission

A U.S. federal agency responsible for the regulation of the sale and manufacture of consumer products to ensure their safety.