nanisceballos1181 nanisceballos1181

07-11-2018
Business

contestada

based in 2008 financial crisis, what caused the economy to go in a downward spiral

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Bluebrid2004 Bluebrid2004

07-11-2018

1. BANKS CREATED TOO MUCH MONEY

2. USED THIS MONEY TO PUSH UP HOUSE PRICES AND SPECULATE ON FINANCIAL MARKETS

3. EVENTUALLY THE DEBTS BECAME UNPAYABLE

4. THIS CAUSED A FINANCIAL CRISIS

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jessicamouton1982 jessicamouton1982

07-11-2018

banks created to much miney

Answer Link

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