Business
Business, 04.03.2020 18:12, austind9027

Identify the correct sequence of events leading up to credit problems that affected the economy:

Consumers became unable to pay back loans.

the economy grew.

banks loosened their criteria for approving loans and credit.

spending halted, and the economy experienced a recession.

consumers spent more.

businesses were left without payment on purchases they’d financed.

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Answers: 2

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Identify the correct sequence of events leading up to credit problems that affected the economy:

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