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.

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Place the following events in sequence: A) Michelangelo sculpts "David"; B) Florence

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The sequential order of the event includes Michelangelo sculpts "David", Michelangelo paints the Sistine Chapel and Florence honors Michelangelo as "father of the arts".

<h3>Who is Michelangelo?</h3>

Michelangelo was a painter, architect and sculptor in Italian during the High Renaissance.

The sequential order of the event includes:

Michelangelo sculpts "David"
Michelangelo paints the Sistine Chapel
Florence honors Michelangelo as "father of the arts".

Therefore, the Option A, C, B is the correct sequential order