What event spurred the final downfall of the U.S. economy in 2008 when world trade experienced its deepest decline in more than 50 years?
A) The stock market ended at a record high.
B) The U.S. and Cuba joined forces.
C) The Senate and House failed to compromise on interest rates.
D) The housing market collapsed.
E) The voters elected a third-party candidate.

Question

Quizplus · Accepted Answer

The collapse of the housing market was the primary event that spurred the final downfall of the U.S. economy in 2008, leading to a severe global financial crisis.

What Event Spurred the Final Downfall of the U