Respuesta :

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Answer:

☞ The financial crisis was primarily caused by deregulation in the financial industry. That permitted banks to engage in hedge fund trading with derivatives. ☜

• When the values of the derivatives crumbled, banks stopped lending to each other.

• That created the financial crisis that led to the Great Recession.

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grebn
Several years of low growth attributable to such factors as low prices for commodity exports, weak investor confidence, policy uncertainty, and rigid local labor markets.

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