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Keerthana
Posted on

What can be sighted as the prime cause of this economic slump?

a

changes in expansion plans and worker compensation.

b

the expansion in the Credit which has upheld the investment in manufacturing sector

c

the tight credit market which has resulted in the decline of real estate business

d

deregulation of the financial markets which has slowed down the economy

e

mismanagement of funds has led to huge confusion among the citizens

Answer : Option D
Explanation :

Read paragraph4 carefully, it is mentioned that the Americans have often responded with calls for regulation after the financial sector-driven crises and have been accused of mismanagement. Hence deregulation is the major cause of this economic slump.

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