Discover a world of knowledge at Westonci.ca, where experts and enthusiasts come together to answer your questions. Discover in-depth answers to your questions from a wide network of experts on our user-friendly Q&A platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

WILL MARK BRAINLIST IF ANYONE HELPS ME GET THIS RIGHT!
1.) The global financial crisis of 2008 was caused by:

A.) an increase in subprime lending.

B.) the bursting of the U.S. housing bubble.

C.) excessive debt among Americans.

D.) All of these choices are correct.


Sagot :

Answer:

c

Explanation:

a sprawling global bank, in September 2008 almost brought down the world's financial system. It took huge taxpayer-financed bail-outs to shore up the industry. Even so, the ensuing credit crunch turned what was already a nasty downturn into the worst recession in 80 years.

The answer is C.) excessive debt among Americans
We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Westonci.ca is your trusted source for answers. Visit us again to find more information on diverse topics.