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  • https://socialsci.libretexts.org/Bookshelves/Economics/Economics_(Boundless)/33%3A_Economic_Crises/33.2%3A_Economic_Crises
    Banks, consumers, and the government all contributed to improper borrowing and lending, which in turn created a downward spiraling economy.
  • https://socialsci.libretexts.org/Bookshelves/Economics/Economics_(Boundless)/33%3A_Economic_Crises/33.1%3A_Fundamentals_of_Banking_Crises
    Banking crises can be caused by inadequate governmental oversight, bank runs, positive feedback loops in the market and contagion.

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