One Factor That Brought on the Recession of 2008-2009 Was

question 201

True/False

One factor that brought on the recession of 2008-2009 was the financial crisis in 2008.

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Definitions:

Tar Sands

Naturally occurring mixtures of sand, clay, water, and a dense form of petroleum known as bitumen, considered significant sources of crude oil but with heavy environmental impacts.

Fresh Water

Water that is not salty and has little or no taste, color, or smell, typically found in rivers, lakes, and in underground reservoirs.

Treadmill of Production

A theory that explains the environmental degradation resulting from the endless pursuit of economic growth.

Economic Expansion

Describes a period when a country's economy grows due to factors like increased production, consumption, and investment, leading to higher GDP and improved living standards.