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natita [175]
3 years ago
9

Tell me how the 2008 recession was similar to and different from the Great Depression

History
1 answer:
Katarina [22]3 years ago
4 0

<span>Both the Great Depression and the 2008 recession were characterized  by a massive run up in asset prices followed by an incredible deflationary pressure sent both debt and equity markets into chaos.</span>

The difference is that the Federal Reserve did little to save the economy during the Great Depression whereas the recession of 2008 was marked by massive bailouts.

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What was the name of the new era of peace ushered in after Octavian defeated Mark Antony and Cleopatra at the Battle of Actium i
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Answer:

Pax Romana

Explanation:

The period of Pax Romana started with the accession of Octavian to the throne in 27 BC. When Octavian became the first Roman Emperor, he took the name of "Augustus", which means "majestic" in Latin. For this reason, this period is aslo sometimes referred to as Pax Augusta.

During Pax Romana, there was relative peace in the Empire, and the Empire reached its maximum power and extent. It peaked territorially under Trajan a century after, when even parts of Persia were under Roman control.

The Pax Romana ended in 180 AD, after the death of Marcus Aurelius, the last of the five good emperors. After this period, the Roman Empire would start a slow decline until its final division and collapse.

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Compare and contrast the difference between the 1920s and the 1930s movies?
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How could a station in hawaii help the U.S military ?
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