The 2007 Recession Was Triggered Primarily by

question 37

Multiple Choice

The 2007 recession was triggered primarily by

• A) a steep drop in the stock market that caused the savings of many ordinary Americans to evaporate.
• B) bad loans made by the government and private banks to large but inefficient companies.
• C) an unwillingness of American consumers to borrow money.
• D) poor government regulation of a banking industry that made mortgage loans to people who couldn't repay them.
• E) problems with major European economies that lessened the ability of American companies to export goods to Europe.

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Definitions:

Sternoclavicular Joint

A pivotal joint at the base of the neck, where the clavicle (collarbone) meets the sternum (breastbone) at the top of the chest.

Glenohumeral Joint

The ball-and-socket joint of the shoulder, allowing a wide range of movement of the arm.

Appendicular Skeleton

The portion of the skeleton consisting of the upper limbs and the lower limbs and their girdles.

Synovial Joints

Highly movable joints surrounded by a fluid-filled capsule, allowing for smooth movement between bones.