One of the major contributing factors to the 2008 financial crisis in the U.S.was

Question

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The failure of effective regulation in the financial market was a major contributing factor to the 2008 financial crisis in the U.S. Regulations were put in place to ensure that banks and mortgage lenders did not engage in risky lending practices, but those regulations were not adequately enforced. As a result, banks made loans to people who were unable to repay them, which led to a housing bubble and ultimately a financial crisis.

One of the Major Contributing Factors to the 2008 Financial