Question

The U.S. government _______ subsidization for battery research after the financial crisis of 2007 Select one: a. did not change its b. decreased its c. increased its d. stopped its

Answer 1

Answer:

The correct answer that fills the gap is: d: increased its.

Explanation:

The 2008 global financial crisis broke out directly due to the collapse of the real estate bubble in the United States in 2006, which caused the so-called subprime mortgage crisis in October 2007. The repercussions of the mortgage crisis began to manifest themselves in an extremely serious way since the beginning of 2008, infecting the US financial system first, and then the international one, resulting in a deep liquidity crisis, and indirectly causing other economic phenomena, such as global food crisis, different stock market crashes (such as the stock market crisis of January 2008 and the global stock market crisis of October 2008) and, together, an international economic crisis.