Question

What caused the great recession of 2008?

Answer 1

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Answer 2

Answer:

Causes of the Recession

The Great Recession—sometimes referred to as the 2008 Recession—in the United States and Western Europe has been linked to the so-called “subprime mortgage crisis.” Subprime mortgages are home loans granted to borrowers with poor credit histories. Their home loans are considered high-risk loans.

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