Choose the right word to complete the sentence.

A general economic slowdown is called a

A) Foreclosure

B) Recession

C) Depression

The answer is B) Recession. On edge 2020.

What was one of the main roots of the recession that began in 2008?

A) low spending by the Bush administration
B) bad loans made in the housing market
C) low levels of borrowing by American consumers

The answer is B) bad loans made in the housing market. On edge 2020. Cheers!

Which suggests the most critical aspect of the peak oil theory? 1) controversy rages over rumors that the fracking lobby in washington has influenced the statistics. 2) supporters and critics argue endlessly over the rate of extraction and shape of the bell curve. 3) saudi arabia will soon have to begin fracking, leading to protests and further destabilization. 4) a new oil discovery means a fresh peak cycle, making that region the target of aggressors.