Social Studies, 25.10.2019 00:43, mlopezmanny5722

In 2008 the united states, as well as the rest of the world, felt the effects of the recession. after the collapse of the housing market, people lost their jobs and they quit spending money. many people could not afford their mortgages anymore and their homes went into foreclosure. for many people, it was a time of ) social stratification
2) social inconsistency
3) upward mobility
4) downward mobility

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In 2008 the united states, as well as the rest of the world, felt the effects of the recession. afte...