Judicial review is the power of the courts to examine and review agency decisions based on the rules, regulations and orders of an administrative agency
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Faced with financial ruin, some investors actually committed suicide, believing that they would never be able to escape from their debts. This quick and precipitous decline in stocks' value in October 1929 became known as the Stock Market Crash of 1929. This event signaled the beginning of the Great Depression.
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B Hinduism and Buddhism
A bubble is a situation in which there is a rapid escalation of <span>asset prices which is later followed by a contraction of the same. When there is a surge in asset prices which is unwarranted by the fundamentals of the assets that are in question and an exuberant market behavior supports it, a bubble is created. When nobody buys anymore and starts selling everything off then the bubble is deflated.
In that period, many people started buying homes with mortgages with adjustable rates. When the stocks started rising so did the prices of mortgage interest rates and people started realizing they couldn't pay back their loans and started losing homes. When the homes were taken away, there was a realization that the houses were not worth at all the price that was owed and that banks would suffer severe losses because of the bad mortgages that they gave. This led to the 2008 recession.</span>