What Caused The Crash Of 2008?

What Caused The Crash Of 2008? The financial crisis was primarily caused by deregulation in the financial industry. That permitted banks to engage in hedge fund trading with derivatives. Banks then demanded more mortgages to support the profitable sale of these derivatives. … That created the financial crisis that led to the Great Recession. Who

What Impact Did The Stock Market Crash Of 1929 Have On The American Economy?

What Impact Did The Stock Market Crash Of 1929 Have On The American Economy? The stock market crash crippled the American economy because not only had individual investors put their money into stocks, so did businesses. When the stock market crashed, businesses lost their money. Consumers also lost their money because many banks had invested