Apentix/AP US History/Unit 9: Period 9 (1980-Present)/Question
AP US Historyhardmcq1 pt

The 2008 financial crisis was primarily caused by:

A.Government regulation of the banking industry
B.The collapse of the housing market and risky mortgage-backed securities
C.Excessive government spending on social programs
D.A stock market crash in technology companies

Explanation

Core Concept

The 2008 crisis was triggered by the collapse of the housing bubble and the widespread failure of mortgage-backed securities and derivatives, exposing systemic risk in the financial system.

Correct Answer

BThe collapse of the housing market and risky mortgage-backed securities

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