The 2008 financial crisis in Europe was caused primarily by problems with:
A)home loans.
B)commercial real estate loans.
C)credit cards.
D)public debt.

Question

Quizplus · Accepted Answer

The 2008 financial crisis was primarily triggered by the collapse of the housing bubble in the United States, which involved risky home loans. This crisis spread to Europe, affecting banks and financial institutions that were exposed to these mortgage-backed securities.

The 2008 Financial Crisis in Europe Was Caused Primarily by Problems