Question

The 2008 U.S. financial crisis led to a(n) _________ that spread from high-income economies to lower-income economies. The economic slowdown particularly harmed countries located in the sub-Saharan Africa.

Answer 1

Answer:

global economic recession.

Explanation:

According to my research on the events of 2008 in the United States, I can say that based on the information provided within the question this financial crisis led to a global economic recession. This was caused by the House and Stock market crash in December of 2007 and lasted till 2009. Unfortunately, some people still have not recovered from this recession.

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