Question

The financial and mortgage crises of 2008 in the United States led to

greater regulation of banking and and investment firms in the US.

legalization of sub prime mortgages.

deregulation of banking in the US.

airline deregulation and lower airfares.

Answer 1

A, greater regulation of banking and investment firms in the US

Explanation: Inexorably, the collapse of the U.S. housing market became the most severe financial crisis since the Great Depression, and the financial crisis, in turn, resulted in a protracted economic contraction—the Great Recession—whose effects spread throughout the global economy.

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