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.
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The word “oligarchy” and the concepts which it symbolizes originated in ancient Greece. In its basic use, the word identified one of the general forms of government recognized by the Greeks: that in which political government is conducted by a few persons or families. It was also used more narrowly, by Aristotle for example, to refer to the debased form of aristocracy, that is, to government by the few or by a faction. The term “oligarchy” was also used to refer to the small group of persons who enjoyed a monopoly of political control in oligarchic governments; the term usually had the added sense that the oligarchy ruled in its own rather than in the public interest. For Aristotle, classification of governments rested on two independent variables: the number of persons who ruled and the purposes served by their rule. Oligarchy was present when a few persons ruled for their own satisfaction.
Development of the concept. The original uses of the term were associated with particular social and political regimes and with intellectual modes of analyzing them. Typically, societies were small and traditional and rested on established classes, including a slave class. Within Greek cities citizenship status often identified a large but still minority class that could at least claim to participate in political decisions. Whatever the changes in political forms, this “upper class” was relatively stable by reason of property holding, authority relations with other classes, social position, and so on, and oligarchy could reasonably be expected to be succeeded by other known forms of government. Classical analysts found oligarchies to be endemic among ancient states, but they viewed them as unstable since they rested on military, economic, and leadership factors which were transitory as compared with the continuing forces which supported the relatively large upper classes in traditionalist societies.
In the modern view, these classical conceptions, including oligarchy and the ideas associated with it, are far too simple for effective analysis. Indeed, classical writing makes it clear that the conceptions based on the formal structure of governments were not adequate even then, in spite of the particular emphasis given to form. Greek analysts dealt with the phenomena of power, with the importance of procedures, and, of course, with the paramount role of values. These matters were merged with discussions of political form, but the elements were not clearly discriminated. The subtleties and complexities of Greek political thought do not appear to good advantage in this particular classificatory system.
Answer:
A
Explanation:
They greed to prevent an arms race by limiting naval construction.
The movement that highly influenced the Constitution's framers was the 18th century philosophical and intellectual movement, Enlightenment. The movement presented several ideals such as the separation of church and state, liberty and constitutional government. From here, the framers of the Constitution took the idea that government was established only "by the consent of the governed". And thus, should be geared towards the best interests of its citizens.
Do Paleolítico superior em diante, há ampla evidência de que os primeiros humanos usavam outros materiais além de pedra, como osso, chifre e marfim, como parte de seu kit de ferramentas. os ossos longos (ossos dos membros) dos animais podem ser divididos e moldados em ferramentas como furadores, picaretas e agulhas.
