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What role did financial institutions play in the Credit Crisis of the 1980s and The Great Recession? Group of answer choices They had no involvement

What role did financial institutions play in the Credit Crisis of the 1980s and The Great Recession? Group of answer choices They had no involvement in either crisis. They engaged in risky lending practices that contributed to the crises. They provided effective risk management strategies that prevented the crises. They focused solely on philanthropy during these crises

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