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kherson [118]
3 years ago
14

What caused the stock market crisis of 2007?

History
2 answers:
melamori03 [73]3 years ago
6 0
Massive amounts of loans given and not enough money to pay it back
Eduardwww [97]3 years ago
5 0

<em>The housing crisis started it.</em>

<em></em>

<em>People started loaning to money to people that they should not have. This created a huge problem and backfired on the government. The banks let people take out huge loans and they could not afford to pay it back so this had a huge impact.</em>

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