👤

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.

Answer :

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