Economic Challenges and Deregulation: The 2008 Financial Crisis

In the late 20th century and early 21st century, the United States faced numerous economic challenges that required government intervention and policy adjustments. Among these challenges were rising unemployment rates, financial crises, and the growing issue of income inequality. One of the major economic events of this period was the burst of the dot-com bubble in the early 2000s, which contributed to a mild recession. As policymakers responded, they implemented various strategies aimed at revitalizing the economy and addressing systemic issues. Consider the actions taken by different administrations and the resulting impacts on the economy when analyzing the difficulties of this era.

Which of the following economic challenges faced the United States during this period was most directly influenced by the practices of deregulation seen in the late 20th century?