Geography, 21.05.2020 02:07 cjdolce9790

Why did the subprime mortgage crisis in the United States cause other countries to also enter economic downturns?

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1. Mortgage lenders were foreclosing on homes in other countries.

2. Other countries had invested heavily in subprime loans.

3. The U. S. economy supports the entire global economy.

4. The global economy is intertwined with the U. S. economy.

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Why did the subprime mortgage crisis in the United States cause other countries to also enter econom...