By looking at the graph we can see that during tough times in the world, we can also see that government interference causes unemployment to rise. For example, in 2020 because of Covid the government made people stay home and quarantine, This lead to unemployment rising. In 2008, the government wanted people to buy houses. So, they made banks give out loans to be able to buy houses. Well, people then weren't able to pay back these loans and the housing bubble popped and unemployment rose.
Chapter 8 Analyze and Respond
Chapter 8 Response
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