Which of the following best summarizes the impact of the 2007 recession in the United States?

(1 point)
• It was a fairly short recession and its effects were felt only by the very poor.
• The recovery was long and difficult, with high unemployment.
• It affected older, experienced workers more severely than young workers.
• The recession caused state and local governments to hire more people.

1 answer

The best summary of the impact of the 2007 recession in the United States is:

• The recovery was long and difficult, with high unemployment.

This option accurately reflects the prolonged economic challenges and high unemployment rates that characterized the aftermath of the recession.