Question

Which of the following was a contributing factor to the economic crisis of 2008?

A. balanced budget and decreased federal deficits

B. lower taxes and more disposable income for families

C. indiscriminate and risky banking practices

D. increased federal funding tied to student academic success

Answer 1

A contributing factor to the economic crisis of 2008 had to be indiscriminate and risky banking practices (C)

Answer 2

Indiscriminate and risky banking practices is one among the following choices that was a contributing factor to the economic crisis of 2008. The correct option among all the options that are given in the question is the third option or option "C". The Lehman Brothers failure occurred during this time. I hope the answer comes to your help.