1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Delvig [45]
3 years ago
5

What triggered the financial crisis of 2008 in the United States?

History
2 answers:
natka813 [3]3 years ago
3 0

Answer:

The financial crisis was primarily caused by deregulation in the financial industry. That permitted banks to engage in hedge fund trading with derivatives. b

Banks then demanded more mortgages to support the profitable sale of these derivatives. That created the financial crisis that led to the great recession.

Wittaler [7]3 years ago
3 0
The financial crisis was primarily caused by deregulation in the financial industry. That permitted banks to engage in hedge fund trading with derivatives. Banks then demanded more mortgages to support the profitable sale of these derivatives. ... That created the financial crisis that led to the Great Recession.
You might be interested in
My parents should buy a Toyota, because it is the safest car out on the market. According to research data in 2005, Toyota drive
stepan [7]

Answer:

Toyota drivers had the least amount of fatalities nationally.

6 0
3 years ago
Read 2 more answers
Explain what was Martin Luther's problem with indulgences and if you think he was right or wrong.
Sauron [17]

Answer:

Martin Luther essentially believed that the only path to Salvation was a person's personal faith in Christ and not any actions that can be approved by the Church.

Explanation:

In his time, the Church would sell 'Indulgences', pieces of paper given in return for charitable efforts, prayers etc

People would collect these 'indulgences' as a way to collect enough in order to guarantee a path to heaven or get some for loved ones.

It is true, that a lot of this money was used to build grand cathedrals there even developed a black-market for the buying and selling of these.

Martin Luther was completely correct in his stance against this practice.

7 0
3 years ago
What economic activity did Colombian exchange introduce into south american culture?
barxatty [35]
Retail sales.

Hope this is what you were looking for. Have a great day! :D
7 0
3 years ago
Read 2 more answers
What is the capital of us and africa
iogann1982 [59]
Washington D.C and Wakanda
7 0
3 years ago
Read 2 more answers
Which statement about the counterculture of the 1960s is true?
fredd [130]
C -- counterculture kids never supported war in general, they definitely werent conservative.
7 0
3 years ago
Read 2 more answers
Other questions:
  • Can someone please help me
    10·1 answer
  • What term describe a federal tax on a specific good
    7·1 answer
  • What important anti-federalist ideas expressed with the expert from the anti-federalist papers
    14·1 answer
  • Which statements correctly describe why the Renaissance began in the Italian city-states?
    8·1 answer
  • All of the following were provisions of the compromise of 1850 except:
    10·1 answer
  • What are some inventions that the Medici Family invented
    11·1 answer
  • Which of the following describes an economic effect of European imperialism in Africa
    12·2 answers
  • “. . . when in the wrought chest the wind blowing over and the sea heaving struck her [Danae] with fear, her cheeks not dry, she
    15·2 answers
  • Match the nationalist leader with their description.
    7·2 answers
  • How did Hinduism survive despite multiple invasions?.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!