QuestionJune 26, 2025

How did the U.S housing market crash impact the global economy? A) Oil prices declined as American manufacturing regulations declined. B) Asian production increased as American political unrest increased. C) Regional economies grew as Americar mortgage uncertainty grew. D) Global trade decreased as American consumer demand decreased.

How did the U.S housing market crash impact the global economy? A) Oil prices declined as American manufacturing regulations declined. B) Asian production increased as American political unrest increased. C) Regional economies grew as Americar mortgage uncertainty grew. D) Global trade decreased as American consumer demand decreased.
How did the U.S housing market crash impact the global economy?
A) Oil prices declined as American manufacturing regulations declined.
B) Asian production increased as American political unrest increased.
C) Regional economies grew as Americar mortgage uncertainty grew.
D) Global trade decreased as American consumer demand decreased.

Solution
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Answer

D) Global trade decreased as American consumer demand decreased. Explanation 1. Identify the Core Impact The U.S. housing market crash led to a decrease in American consumer demand due to financial instability and reduced spending power. 2. Analyze Global Economic Effects A decrease in American consumer demand typically results in decreased global trade, as the U.S. is a major importer of goods from around the world.

Explanation

1. Identify the Core Impact<br /> The U.S. housing market crash led to a decrease in American consumer demand due to financial instability and reduced spending power.<br /><br />2. Analyze Global Economic Effects<br /> A decrease in American consumer demand typically results in decreased global trade, as the U.S. is a major importer of goods from around the world.
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