Long-Term Structural Roots of The Financial Crisis of 2007-09 Essay

  • Single or double-spaced OK.
  • Absolutely NO QUOTATION from the textbook or other sources.Put explanations in your own words
  • Unless you arrive to class on the day of the exam with your printed answers to this take-home essay exam, you will not be permitted to take the multiple-choice portion.

350 – 500 words:Discuss the four long-term, structural roots of the financial crisis of 2007-09.Use and cite all of the assigned material including class lectures, Wolff video lecture, and the textbook.

  • What were each of the four contributing factors?
  • How did each of the four contribute to the “perfect storm” that became the financial crisis?