Economic Challenges Post-1980: Job Losses and Manufacturing

Throughout the late 20th and early 21st centuries, the United States faced significant economic challenges that influenced domestic policy and international relations. One notable event was the burst of the dot-com bubble in the early 2000s. This event had far-reaching effects on the economy, including job losses in technology sectors and declining stock prices. Another important aspect to consider is the impact of the 2008 financial crisis, which led to widespread foreclosures, bank failures, and a substantial federal bailout of financial institutions. Which of the following options best describes a key economic challenge faced by the U.S. during this period in the context of domestic policy and its implications for society?