Question

Read the following passage carefully and answer the given questions. Certain words/phrases are given in bold to help you locate them while answering some of the questions.
According to the author, what is the main cause of the Japanese recession?

• A. Only a handful of corporations earned profits and not the people in general.
• B. Non-credit worthy people defaulted, which led to a collapse of the entire system.
• C. Consumers were sold newer products which were similar in quality to the existing ones.
• D. Japanese do no purchase endlessly and thus when products had been sold to every customer, the markets slowed down.
• E. None of the above.

Answer 1

The correct option is D Japanese do no purchase endlessly and thus when products had been sold to every customer, the markets slowed down.

The main cause of the Japanese recession is 'Japanese do not purchase endlessly and thus when products had been sold to every customer, the markets slowed down'.