What triggered the financial crisis of 2008 in the united states?
global stock markets collapsed.
global industrial production slowed.
american banks stopped making loans.
american housing prices dropped.

The correct answer is: American housing prices dropped.

The financial crisis of 2008 was caused by the collapse of the housing bubble in the United States in 2006, which caused the subprime mortgage crisis in October 2007.

The repercussions of the mortgage crisis began in an extremely serious way since the beginning of 2008, resulting in a deep liquidity crisis, and indirectly causing other economic phenomena, such as a global food crisis, different stock market collapses, in conclusion, an economic crisis on an international scale.

an economic reason that the south needed a reconstruction plan is that plantations, factories, and other businesses were destroyed during the war.

it was the first major victory for the colonists.