Welcome to Westonci.ca, the Q&A platform where your questions are met with detailed answers from experienced experts. Get quick and reliable solutions to your questions from a community of experienced professionals on our platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

why do the us government intervene in the economy during the finanacial crisis in 2008

Sagot :

The US government intervened during the subprime mortgage crisis (significant declines in home prices and mortgage deliquencies and foreclosures) because of numerous government bailouts. Thus, the US government tried to stabilize the their economic system during 2007-2009.   It's a sad story because many American people were forced to file bankruptcy and foreclosure :(