The correct answer is A, the housing market collapsed due to subprime mortgages.
Mycenaean Civilization was at its height from 1400 bc to 1200 bc.
Mercantilism was an economic theory in Europe that argued that a country’s worth was based on its wealth. So the countries needed to gain more and more wealth continually so their country continued relevant. Because of that economy had no other way to turn other than try to discover new places with new goods, with new ground to plant on and new things to sell and make more and more money. This was only made possible when countries started to colonize new areas such as the Americas - Spain, Portugal, and England. Colonies later became a good source of income, usually, countries would make the colonies pay high taxes with no or almost no investment.
<span>Struggles that have influenced Latin American economies and governments include the w</span>ars for independence which resulted in a great loss of people, property, and livestock. The newly formed nations also went to war with each other to settle where their new boundaries were. Poor roads, lack of railroads, thick jungle and mountains made communication, transportation, and national unity difficult. There was also conflicts between the catholic church's power and Latin America governments.