________ was an important factor in both the savings and loan crisis in the 1980s and the financial crisis of 2008.

Question

Quizplus · Accepted Answer

Deregulation was a significant factor in both the savings and loan crisis in the 1980s and the financial crisis of 2008. In the 1980s, deregulation of the savings and loan industry allowed institutions to take risky investments, leading to their downfall. In the 2000s, deregulation of the financial industry allowed for risky practices, such as subprime lending and securities trading, which led to the financial crisis.

________ Was an Important Factor in Both the Savings and Loan