Respuesta :
Eaton's business-to-business clients were significantly impacted by the 2008 financial crisis. Eaton’s' sales were significantly impacted as a result, which is an example of solutions selling.
This was the biggest economic crisis recession since World War II, with the US gross domestic product declining by 4.3 percent from peak to trough. With a duration of eighteen months, it was unquestionably the longest.
From 5% to 10%, the percentage more than doubled. The housing market collapsed as a result of the toxic subprime mortgages created by the economic crisis, low interest rates, cheap lending, and inadequate regulation. New banking rules and an aggressive Fed are two effects of the Great Recession.
When 198 nations are compared based on the percentage change in GDP between 2007 and 2009, Eastern European and advanced economies that are trade-dependent are the most severely hit. Years of preparation went into the financial crisis of 2007–2008. By the summer of 2007, there were indications on financial markets all around the world that the years-long feast on cheap borrowing was about to come to an end.
Learn more about Financial crisis, here
https://brainly.com/question/13082160
#SPJ4
