_____ 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 played a significant role in the savings and loan crisis in the 1980s, as the government allowed S&Ls to engage in risky investments. Similarly, the financial crisis of 2008 was influenced by the deregulation of the financial industry, which allowed banks to engage in risky practices such as subprime lending and the creation of complex financial instruments.

_____ Was an Important Factor in Both the Savings and Loan