The correct answer is:
D. Too many risky loans given out.
Explanation:
The economic crisis of 2008, which was one of the worst economic crisis in the world, began when too many risky loans were given out to people who couldn't afford to pay back so eventually the debts became bigger than the money available, leading the bank system to almost collapse.
Risky loans were given to people mainly when they wanted to buy a house, because mortgage brokers sold the risky mortgages with the good mortageges to investors and banks, and because the house market was rising everybody was making money, but the bubble broke out because families were not able to pay their mortgages because of the interest rates and as more credit was given the house prices started to fall, so there was a huge debt and no one to pay for it.
Answer:
Containment.
Explanation:
The policy of containment is a foreign policy proposed by the government under the Presidency of Harry S. Truman to limit the powers of the Soviet Union and its spread of communism after World War II in 1947. This policy was a reply to the Soviet Union when it started to expand its communist control in Eastern Europe and Asia. The idea of containment policy was to make countries well-off enough to avoid the lure of the Soviet Union. It provided support for countries that rejected communism. Americans fought on the sides of the nationalists to try to stop the spread of communists.
필리핀에서 방문하기 가장 좋은 곳은 무엇입니까?
Answer:
Francis Drake
Explanation:
Sir Francis Drake was ordered by Queen Elizabeth to decimate the supply of Peruvian gold to Spain.
