3 years ago

What caused the crash of the real estate market in 2008?

History

1 answer:

sattari [20]3 years ago

3 0

Answer:

banking practices that put the entire financial system at risk

Explanation:

What caused the crash of the real estate market in 2008 can be traced to "banking practices that put the entire financial system at risk."

This is evident in the fact that many Lenders were observed to be less stringent in their approach in lending credit to borrowers, including those that are not fit to acquire the credits.

This led to increasing housing prices to a degree that many could not really have the money for.

You might be interested in

Which two men worked for the advancement of African Americans?

ANTONII [103]

Hey are you in agora too :) and that would be w.e.b dubois and booker t washington

3 0

3 years ago

How did hitler use anti-semitism to further his political aspirations?

m_a_m_a [10]

Hitler used jews as a scapegoat to Germany's economic woes after WWI. Hitler used the conspiracy that jews controlled the banks, gold markets, etc.

6 0

4 years ago

PLS HELP ASAP! What do you think is the most important quality a historian should have? Be sure to explain your answer.

KatRina [158]

Answer:

a good memory

Explanation:

8 0

3 years ago

Read 2 more answers

15. According to Confucius, which of the following was important for a harmonious society?

mixer [17]

C hoped this helped u LFdddf

4 0

3 years ago

I will give the brainiest

oksano4ka [1.4K]

Answer:

I believe the answer is C) Hull House. Located on the Near West Side of Chicago, Illinois, Hull House opened to recently arrived European immigrants.

4 0

3 years ago