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The suspect lending practices was one of the causes of the recession in the US in 2001.

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Q: What caused the recession in the US in 2001 to be mild?
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What were the factors that made the recession of two thousand in the US a mild one?

The strong economic power of the United States is what made the recession of 2000 in the US a mild one.


What caused the us recession in 2001?

There was a recession in 2001. Part of the reason was the terrorist attacks against the United States. Prices sagged on the stock markets, business earnings declined causing unemployment to rise. This in turn slowed down consumer spending.


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What event caused the us invasion of Afghanistan in 2001?

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What has the NBER determined as the last turning point ushering in an expansion in the US economy?

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