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:
Sierra Nevada, also called Sierra Nevadas
The stamp act was an act passed by the British parliament. The act placed a tax on every piece of printed paper. This made it very hard to share news threw letters or newspapers. But also they taxed ship papers, trading documentations, licenses, legal documents, and even play cards.
The sharecropper has to work on the owners land and whatever crops they harvest has to be given to the owner in return for the use of the landowners items.
Inland many writers for tray disillusionment and to reevaluate the myth of American heroes , I hope this helps .
