Question

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

Question options:

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.

Answer 1

2. Other countries had invested heavily in subprime loans.

Answer 2

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

Step-by-step explanation: