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sweet [91]
3 years ago
7

What was one of the main roots of the recession that began in 2008?

History
2 answers:
Brums [2.3K]3 years ago
6 0

Answer:

One of the main roots of the recession that began in 2008 was bad loans made in the housing market.

Explanation:

Recession is a negative term which basically describes decline in economy that can drastically change, therefore, results in loss of a country. One such recession occurred in 2008

One of the root cause of the 2008 recession in the United States and Western Europe is a word called "subprime mortgage crisis". It means loans were given to the poor who have a very low income already. Such loans are highly risky. Now in mid-2000s, because of the housing problem in United States, lenders were preventing such borrowers. Other finance organizations also obtained these risky mortgage in huge number in the hope of earning profitable money. But this action was then proved to be an unfortunate event.

SSSSS [86.1K]3 years ago
4 0

Answer:

b

Explanation:

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Answer:

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Explanation:

4 0
3 years ago
there is scarcely anything that can wound the pride or degrade the character of an independent nation which we do not experience
Sergeeva-Olga [200]

Answer:

There is scarcely anything that can wound the pride or degrade the character of an independent nation which we do not experience

Explanation:

This is an excerpt from Alexander Hamilton's Federalist No.15 essay, titled, "The insufficiency of the present confederation to preserve the union". Here he explains the "material imperfections" of the articles of confederation and how it has failed to govern the United States effectively.

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Answer:

These women were of the lower classes. Men and boys worked in factories. However, young women and children also did work in factories. ... After the industrial revolution, those women who did not work in factories were no longer involved in work that was economically valuable to their families.

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Explanation:

5 0
2 years ago
What did hitler believe about the Jews
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8 0
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. How did the life of lower-class colonists differ from that of the poor in Europe?
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4 0
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