Question

What happened after bank lending slowed in the united states in the mid-2000s? american housing prices began to drop. us and global stock markets collapsed. homeowners could not pay mortgages. the american auto industry collapsed.

Answer 1

Answer:

US and the global stock markets collapsed

Explanation:

Answer 2

When bank lending slowed in the mid-2000s, then the stock markets of the US and the global world also fell down.

Option B is the correct answer.

What is meant by lending?

Lending is an activity where a lender provides the funds to the borrower for a specified period of time as a loan.

In the middle of the 2000s, there was rapid growth in the housing sector of the US due to the subprime mortgage loans. These loans would prevent individuals from applying for conventional loans. This resulted in the downfall of the stock markets, especially in the real estate sector of the US country.

Therefore, the explanation in part B appropriately describes the happened after the slowing down of loans in the mid-2000s.

Learn more about the lending in the related link:

https://brainly.com/question/1720867

#SPJ2