Question

explain the 2008 financial crisis

Answer 1

Answer:

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Explanation:

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Answer 2

Answer:

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Explanation:

The 2008 financial crisis was the worst economic disaster since the Great Depression of 1929. It occurred despite the efforts of the Federal Reserve and U.S. Department of the Treasury. The crisis led to the Great Recession, where housing prices dropped more than the price plunge during the Great Depression.