Week 04 Questions -- Understanding the 2008 Financial Crisis

1. What was the underlying cause of the 2008 Financial Crisis?

2. What devastating effects caused the 2008 Financial Crisis to be compared to the Great Depression?

3. How did the U.S. economy recover from the 2008 Financial Crisis? Give an example of how the housing industry continues to be impacted by this major event in history?

[Image Source] https://www.afscmefl.org/afscme-local-1279-0/news/decade-later-four-ways-working-people-are-still-paying-2008-financial