Question

Why did the global economy enter a recession in 2008?
Banks invested in loans people could not pay back.
There was a shortage of natural resources.
Debt was at an all-time low.

Answer 1

Answer:

Banks invested in loans that people could not pay back.

Explanation:

People were given housing loans with variable interest rates that they could no pay back and defaulted on.

Answer 2

Answer:

a on edg

Explanation: