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Reil [10]
3 years ago
14

The Savings and Loan Crisis in the 1980s was a result of the cost of the military. the federal budget surplus. the number of new

taxes. the number of failing banks.
Business
2 answers:
blagie [28]3 years ago
8 0

Answer: the number of failing banks.

Explanation:

The Savings and Loan Crisis lasted from the 1980s to the 1990s and saw the failure of 1,043 Savings and Loan associations (S&Ls). These small "banks" accept deposits and use them to create loans for their members.

The problem with these S&Ls was that they were making losses on the loans they gave out and instead of getting out of business, they engaged in speculative trading to offset their gains and lost even more money leading to the government closing them down.

In-s [12.5K]3 years ago
7 0

Answer:

D

Explanation:

<3

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