Economics & Personal Finance · Sequence challenge
The Great Recession in sequence
Order eight developments and distinguish financial events, policy responses, and recovery.

The newsroom · present dayThe Great Recession in sequence
Sequence challenge
Put the story in order.
Order these developments from the housing expansion’s peak to subsequent financial reform.
Move each item earlier or later using its buttons. You can use Tab and Enter; dragging is not needed.
- 1
The Fed announces purchases of agency debt and agency mortgage-backed securities.
- 2
The U.S. housing-market expansion peaks before residential construction declines.
- 3
Lehman Brothers files for bankruptcy.
- 4
The Dodd–Frank Act introduces major financial regulatory reforms.
- 5
The U.S. economy enters the recession later called the Great Recession.
- 6
The recession ends in the historical business-cycle dating.
- 7
The federal funds target reaches a range of 0–0.25%.
- 8
JPMorgan Chase acquires Bear Stearns with Federal Reserve assistance.
Course connections
Reviewed NC references: EPF.E.2.3
Voluntary national references: 16.H.6
Compare the activity’s scope with your own course requirements. These connections identify practice opportunities; they do not establish full standards mastery or a match for every state.