The reason banks lend money is so they can make money through _____________.
Before the 2008 Banking Crisis the banks lobbied the government to relax restrictions on loans. The ______________does relax regulations on loans.
The banks were forced to loan money to people who couldn't afford the loans. People were not paying back the money, they were ____________on their loans.
Without the banks making loans to factories and businesses, the ____________can not grow.
Who is at fault for the 2008 financial crisis? The banks and the borrowers are both to blame. However; the ______________pushed banks to make bad loans.
Local, small banks, sold off loans to larger banks for quick cash because they knew the loans were not being repaid.
Investors were looking for something to invest in. The housing market had been stable for many years. They bought lots of loans from banks in an effort to ____________.
The whole process gets out of hand and then the whole __________is involved in the housing market.
Global investors get smart and realize they have no idea who is repaying loans and who is not. So, they ____________the loans.
In the end, the banks and insurance companies get a government bailout by the government. Many Americans lose their homes and their savings.
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