asked 100k views
2 votes
Unethical behavior by financial and real estate businesses has led to

Multiple choice question.
(A) investors putting more money into both markets
(B) lack of trust in the free market system
(C) gains for investors in 2008 and 2009
(D) long jail terms for those who acted unethically

asked
User Sinanspd
by
8.0k points

1 Answer

5 votes

Final answer:

Unethical behavior by financial and real estate businesses has led to a lack of trust in the free market system. The financial crisis of 2008-2009, caused by various unethical practices, resulted in a decline in investor confidence and skepticism towards the integrity of the financial and real estate markets.

Step-by-step explanation:

Unethical behavior by financial and real estate businesses has led to a lack of trust in the free market system. The financial crisis of 2008-2009, which was caused by various unethical practices, resulted in a decline in investor confidence and widespread skepticism towards the integrity of the financial and real estate markets.

Examples of unethical behavior include banks selling mortgage loans as securities without disclosing the underlying risks, speculators betting on a market collapse, and investment firms making risky investments with borrowed money. These practices ultimately led to a collapse of the housing market and a severe economic recession.

Overall, the unethical behavior by financial and real estate businesses has had a detrimental impact on the trust and stability of the free market system.

answered
User JamesArmes
by
8.3k points
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