The primary cause of the banking crises that occurred between 1970 and 2007 in poor countries was_____. The primary cause in wealthy countries was _____.
A)too much government regulation; too much government regulation
B)too-high capital requirements; the purchase of too much government debt
C)too-low capital requirements; too-high capital requirements
D)corruption; real estate bubbles

Question

Quizplus · Accepted Answer

In poor countries, corruption often undermines the stability of financial systems, while in wealthy countries, real estate bubbles have frequently led to banking crises.

The Primary Cause of the Banking Crises That Occurred Between