The 2007 financial crisis was started by risky investments connected to __________ loans.

Social Studies

1 answer:

Aliun [14]3 years ago

3 0

Answer: Mortgage Loans

Explanation: The financial crisis in 2007 that produced a worldwide recession was due to the sudden downturn in the non-conventional mortgage backed securities market in the U.S.

This downturn was caused by a fall in prices of houses . This put pressure on the mortgage-backed security bond market where massive numbers of bonds based on non-conventional mortgages were suddenly vulnerable to default.

Holders of the mortgage-backed security bonds had to raise large amounts of money to cover the loans they had taken to buy the bonds, thereby creating a liquidity crisis that affected economies globally.

You might be interested in

What is the correct answer

Vera_Pavlovna [14]

Answer:

Explanation:

making a phone will take time

6 0

3 years ago

Natalia went to the general manager to file a complaint regarding something her supervisor said that implied she would be demote

HACTEHA [7]

Answer: Take help of neutral third party for investigating for sexual harassment claims.

Explanation:

Sexual harassment claims and case at work place and organization occurs wen any mistreatment , offerings, task, etc is based on sexual terms .Employee can be treated of getting fired or adverse effect if they do not fulfill or cooperate such sexual favors in work environment, which is illegal act and punishable crime.

According to the question,for investigation of sexual harassment activity, manager should hire a neutral third party for investigation. Claim for asking sexual favors by treating demotion can get clarified in this way.

5 0

3 years ago

The anthropologist oscar lewis suggested the cause of poverty lies in ________

schepotkina [342]

The correct answer is "a lower-class culture of poverty".

According to Oscar Lewis, poverty is caused by a lower-class culture of poverty, while sociologist Julius Wilson suggests that poverty is caused by few available jobs, which led people with no way to earn money to live a proper life.

8 0

3 years ago

What are the Five Dark Days in Egyptian Mythology

Agata [3.3K]

Answer:

Osiris was first, Horus was second, Set was third, Isis was fourth, and Nephthys was the fifth

Explanation:

4 0

3 years ago

The big five personality factors are based in which psychological perspective?.

Iteru [2.4K]

Answer:psychological trait theory

The Big Five personality traits is a suggested taxonomy, or grouping, for personality traits, developed from the 1980s onward in psychological trait theory.

Explanation:

6 0

2 years ago