The market crash in 2008 was largely a result of ________ the free market system.
A) newfound confidence in
B) indifference toward
C) new curiosity in
D) an erosion of trust in

Question

Quizplus · Accepted Answer

D) The 2008 crisis ushered in an era in which a great deal of trust and goodwill was destroyed by the overreaching of financial managers during the previous decade. Taking on too much risk and making speculative deals ended up bringing the economy to its knees and threatened the solvency of the entire financial system. When the federal government bailed out the large institutions whose irresponsible actions had caused the crisis, citizens were outraged, and that anger has not subsided as bankers continue to behave recklessly and reward themselves with lavish compensation in the face of abject failure. The other choices-confidence, indifference, or curiosity in the system-are incorrect because they don't evince this anger and distrust.

The Market Crash in 2008 Was Largely a Result of ________