As the financial crisis of 2007 began, the key issue was limited access to funding for banks and other financial institutions.

Question

Quizplus · Accepted Answer

The global financial crisis of 2007-2008 was triggered by the collapse of the housing market in the United States, which led to a liquidity crisis that affected financial institutions worldwide. Banks and other financial institutions struggled to access funding and faced significant losses due to the collapse of the market. Therefore, limited access to funding was indeed a key issue during the crisis.

As the Financial Crisis of 2007 Began, the Key Issue