What were the effects of the drop in housing prices in the late 2000s?
check all of the boxes that apply.
many people could not pay their mortgages.
banks made larger profits from selling millions of houses,
loan losses hurt banks all over the world,
the entire economy was harmed.
done

i am only doing this for the points.

capitalism is an economic system that works around the concept of wealth creation in the pursuit of economic growth for the nation while mercantilism focuses on wealth accumulation through extraction of wealth which they believe is measured by the amwount of gold bollions that the nation has in its possession.