What caused the 2008 financial crisis?
A) Excessive market regulations
B) Trading in illegitimate debt
C) Failure to transition from infant industry protection
D) Incomes rising faster than house prices
E) Declining availability of natural resources

Question

Quizplus · Accepted Answer

The 2008 financial crisis was largely caused by trading in complex financial products tied to mortgages, including illegitimate or risky debt, which led to a collapse when those mortgage-backed securities plummeted in value.

What Caused the 2008 Financial Crisis