Globalization made the economic downturn of 2008 harder for what reason?

Question

Quizplus · Accepted Answer

Globalization has made the economies of different countries interconnected, so when a major economic crisis occurs in one country, its effects will be felt in other countries as well. In the case of the 2008 economic downturn, the interconnectedness of the global economy made it harder for world leaders to insulate their peoples from the fluctuations of the marketplace.

Globalization Made the Economic Downturn of 2008 Harder for What