Final answer:
The global financial and economic crisis has slowed down economic growth, investment, and consumer spending, with wide-reaching effects on the economy and various measures adopted by governments in response.
Step-by-step explanation:
The global financial and economic crisis has significantly slowed down economic growth, investment, and consumer spending.
Factors like reduced access to credit, a decline in international trade, bank and investment firm bailouts, the effects of the pandemic, and geopolitical tensions have all contributed to stifling the economic development and impacting various elements such as the supply chain, labor market, banking sector, and more.
Governments have been forced to adopt measures such as expansionary fiscal policy or austerity to combat the requirements of the situation, with varied success and repercussions.
During the crisis, consumer spending declined due to limited access to credit. Investment also decreased as businesses faced losses and uncertainty. Additionally, economic growth was negatively impacted as international trade slowed and job losses increased.
Therefore the correct answer is 4) All of the above.