The financial crisis and recession which began in 2007
A) impacted only high-income countries.
B) was only severe in the United States.
C) had a global impact.
D) impacted only low-income countries.

Question

Quizplus · Accepted Answer

The financial crisis and recession which began in 2007 had a global impact, affecting countries around the world. It was not limited to any particular income group of countries or confined to the United States.

The Financial Crisis and Recession Which Began in 2007