Which of the following caused a severe economic crisis in Japan during the 1990s?
A. Taxes were raised too high.
B. Bad bank practices caused a recession.
C. Too many workers went on strike.
D. Trade embargos increased.
Answer (2)
Which of the following caused a severe economic crisis in japan during the 1990s?
The correct answer is b.
The severe economic crisis in Japan during the 1990s was primarily caused by bad bank practices, which led to high levels of non-performing loans and a significant recession. The banking industry's inability to manage loans effectively resulted in a prolonged period of economic stagnation. Therefore, the correct answer is B.
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