The financial crisis of 2007-2009, which is regarded as the worst crisis since the Great Depression, haddevastating effects on U.S. economy and lead to the global recession of 2009. More specifically,unemployment surged, financial institutions collapsed, and consumer confidence slumped as a resultof the crisis. In addition, the economic downturn also had negative effects on the U.S. dental industrycausing patient visits, practice collections, and net income to plummet.
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