Ask Question
1 September, 11:01

In 2008 and early 2009, share values declined sharply as the global economy fell into a severe recession. This type of stock market is referred to as a:

+3
Answers (1)
  1. 1 September, 13:33
    0
    The correct answer is "Bear market"

    Explanation:

    A bear market is a condition or period when the securities or stock prices fall 20% or more. when this condition occurs many investors opt to sell off their stocks, its a period identified for fear.

    Keep in mind that this condition increases at least a two-month timeframe.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “In 2008 and early 2009, share values declined sharply as the global economy fell into a severe recession. This type of stock market is ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers