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:
Because of the treaty they made.
Explanation:
Answer:
Ang Pagkaubos ng Kagubatan o Deforestation Ang pagkaubos at pagkawala ng mga punong-kahoy sa mga gubat ay tinatawag na deforestation, kaya ang Bulkanismo: Ito ay isang teoryang nagpapaliwanag sa maaaring pinagmulan ng mga bansa. Ayon sa teroya ng bulkanismo, ang isang bansa....balita o kaya ay mga sakuna na daratingExplanation:ang internet ay nag hahatid ng mga BALITA at babala.
Explanation:
- <em>mark </em><em>me </em><em>brainliest</em><em> </em><em>please</em>
I'm pretty sure the answer is the cabinet. Hope this helps. I'm in the middle of a post test and had this question so I just gave it my best guess by using my notes to help a bit.
Hope this helps. Have a good day!
