The 2008 recession/financial crises one of the worst of its kind in a generation. Major economies including the United States and the UK suffered a period of recession, consistent low-growth, rising unemployment and many businesses closing down.
A 10-member committee called the Financial Crisis Inquiry Commission was setup by the US government to study the causes of the recession, in the hopes that a future similar crisis could be prevented.
In 2011, the committee released their findings and pointed out the two major reasons for the crisis:
1. The basic reason for the crises as the Collapse of the housing market.
2. Which in turn was fueled by toxic mortgages, low-interest and easy credit available to everyone and minimal regulation.
The report also pointed out vast problems of corporate governance, lack of government will and unpreparedness.
Answer:
A B D
Explanation:
I took notes and this is correct
According to Deuteronomy 6 and 9, they were squatters in the land and had a bad influence on false gods, were wicked characteristics of Israel caused the lord to give them victory over their enemies.
The name Deuteronomy comes from the Greek title of the Septuagint, Deuteronomy, which means "second method" or "repetitive method" and is the name tied to one of the book's Hebrew names, the Mishneh Torah.
Deuteronomy emphasizes the oneness of God, the need for dramatic centralization of worship, and the concern for the position of the poor and disadvantaged. Its many themes can be centered around his three poles of Israel, Yahweh, and the covenant that binds them together.
Learn more about Deuteronomy at
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Answer:
Specialization Leads to Economies of Scale
Explanation:
As labor is divided amongst workers, workers are able to focus on a few or even one task. The more they focus on one task, the more efficient they become at this task, which means that less time and less money is involved in producing a good.
