Assignment #2 is based on the capitalism case study in the textbook, Corporate Social Responsibility (Chandler, 2020). This case views the global, capitalist economic system through the prism of the 2007-2008 financial crisis. Then, you look further at Canadian banks practices to suggest if the strategic CSR perspective may change the financial industry.

Question 1: Describe the "Financial Crisis" 2007-2008. (Refer to the textbook reading pages 95-106)

Question 2: Who was responsible for the "Financial Crisis" 2007-2008 and explain why? Please use the "Stakeholder Theory model" discussed in class to justify your arguments. (Refer to the textbook reading pages 95-106)