Ask Question
8 December, 21:18

What triggered the financial crisis of 2008 in the United States?

Global stock markets collapsed.

Global industrial production slowed.

American banks stopped making loans.

American housing prices dropped.

+4
Answers (1)
  1. 8 December, 21:41
    0
    It was mostly that "American housing prices dropped" that triggered the financial crisis of 2008 in the United States, since people quickly saw their greatest investments declining rapidly.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What triggered the financial crisis of 2008 in the United States? Global stock markets collapsed. Global industrial production slowed. ...” in 📙 History if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers