Recession and Increased Crime Rates

Severity of the Great Recession

US Unemployment Rate Spike During the Great Recession

Variety of Recession-Related Hardships in the US During the Great Recession (Figure 3.1)

An economist is studying the period of widespread economic decline that followed a major global financial disruption in the late 2000s. Which of the following data points provides the most direct evidence for the defining characteristic of this period as a major economic downturn?

Analyzing an Economic Downturn

Distinguishing Cause and Effect in Economic Downturns

The Great Recession was a period of sustained economic decline that occurred independently of, but at the same time as, the global financial crisis.