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Financial Crisis Table of ContentsI. Introduction 2II. Financial Crisis Causes 2Macroeconomic Causes 2Microeconomic Causes 4III. Government Policy Responses 5IV. Conclusion 8V. References 9Introduction The financial crisis of 2007-2009 has been characterized as the most worst economic calamity since the great depression of the late 1920s. This essay identifies main macroeconomic and microeconomic factors that led to the crisis, and a brief assessment.