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svet-max [94.6K]
4 years ago
13

How do you think the rise in subprime lending contributed to the credit crunch ?

Geography
1 answer:
Aneli [31]4 years ago
8 0

Answer:

Subprime lending is the practice of lending to borrowers who have poor credit-ratings. In other words, borrowers who are very likely to default on their debts.

Explanation:

With the expansion of subprime leding due to expansionary fiscal and monetary policies, banks got many risky assets that created a bubble. The bubble burst out and generated the Great Recession of 2007-2008.

Because so many clients could not pay their debts, banks saw their assets diminish while their liabilities rose quickly. This not only led to a credit crunch due to the poor financial health of the banks, but also the loss of viability for many banks. This is why the government had to step in, and in conjunction with the Federal Reserve, provide billions of dollars in relief for financial institutions.

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Explain the use of direct rule in New Spain.
Ivenika [448]
Direct Rule means a central government has a direct control in the province. Well, the answer to the question is Direct Rule in New Spain helps spread the faith by peaceful means. Also, Direct Rule results to administrations and military reforms in Spain and its empire.
7 0
3 years ago
Which of the following describes a challenge presented by Canada's population? Question 5 options: the cost of government-funded
Rom4ik [11]

Answer:

the cost of government-funded health care.

Explanation:

The Canadian healthcare is one which is being run as a publicly funded Healthcare system. As reports have it that over 70% of health care coverage is being shouldered by the government of Canada. The Canadian government according to reports, the Canadian government spends up 11% of their gross domestic product on public health care provision to its citizens. With increase population and migration, the cost of government funded health care is a major point of concern as data shows an increase in cost trend over the years.

6 0
3 years ago
What factors affect a regions climate and therefore its ability to support and sustain life?
uranmaximum [27]

The climate in a particular region is defined by multiple factors, which even though work in different ways still compose one unique unit that modifies the climate. The climate factors are alleviation, latitude, prevailing winds, water bodies, ocean currents, vegetation, topography, but also a very important factor is the global climate pattern because it is the basis for all the other factors.  

7 0
4 years ago
Analyze the map below and answer the question that follows. A map of Oceania is titled Oceanic Climate Regions. A key shows 4 ma
Gemiola [76]

Answer:

Option D ( Australia and the Pacific Islands)

Explanation:

The tropical wet and dry climate can be found in Australia and the Pacific Islands.

The weather in these countries is dominated by the tropical wet and dry climate.Australia and the Pacific Islands has two seasons, wet season and dry season which are separated by transition periods, the wet season is characterize with big amount of precipitation, while dry season has along period of dryness. This sort of climate are sometimes called “savanna” climates

3 0
3 years ago
Which of the following is NOT a positive affects of a nation comparative advantage on international trade?
soldier1979 [14.2K]

Answer: D) eliminates the need for trade with other nations

Explanation:

Having comparative advantage on the production of a good or service means that a country can produce that good or service cheaper and be able to exchange it for other goods and services that other countries are offering.

International trade is therefore very important to countries acting on comparative advantage because the country will not produce all that it needs but rather what it is good at producing. This means that trade with other countries is still needed to provide those goods that they need but find it expensive to produce.

7 0
3 years ago
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