Technology usually is a benefit to economic vitality. How did technolo

QUESTION

Technology usually is a benefit to economic vitality. How did technology play a role in the Great Recession?

What will be an ideal response?

ANSWER

Answer: It led to the speculation-fueled dot.com bubble, which laid the foundation for the subprime bubble.
Explanation: The collapse of the dot.com bubble led to low interest rates that fueled the subprime crisis, which led to the Great Recession.