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valentina_108 [34]
3 years ago
10

Describe some of the factors that led to the collapse of the financial system during the fall of 2008

History
1 answer:
Yuki888 [10]3 years ago
4 0
The financial crisis happened because banks were able to create more money, they used this money to push up house prices and speculate on financial markets.

Interest had to be paid on all the loans that banks had made, and with the debt rising quicker than incomes, people could not keep up with the repayments.
They stop repaying loans and the banks would find themselves in danger of going bankrupt.

All of these caused the collapse of the financial crisis of 2007-2008.
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Virty [35]

Answer:

true..................

8 0
3 years ago
Why was control of the Atlantic Ocean essential to Great Britain's success in World War lI?
lesantik [10]

Control of the Atlantic ocean was a gateway for easy trade between other countries suck as Mexico,Africa,and possibly America. it could have also served as war territory for ships.

5 0
3 years ago
What is the best example of a pull factor that causes a person to immigrate from a underdeveloped country?
lukranit [14]
Better jobs & opportunities. 
A push factor would be like famine or disease in the country, etc.
5 0
3 years ago
Read 2 more answers
Did the Korean War establish any important precedents for future American actions? If so what were they?
d1i1m1o1n [39]

The outcome of the Korean War increased tension between several world's superpowers during the Cold War.

  • Because it demonstrated that the two superpowers, the United States and the Soviet Union, could engage in a "limited war" in a third nation, the Korean War was crucial in the evolution of the Cold War.
  • America intended to stop the domino effect as well as keep communism in check. Truman was concerned that Japan, which was crucial for American trade, might fall next if Korea fell. This was most likely the main justification for America's engagement in the conflict.
  • Government expenditure on the Korean War increased GDP growth, which in turn restrained investment and consumption. Taxes were greatly increased to pay for the war, while the Federal Reserve pursued an anti-inflationary strategy.

Thus this was the aftermath of Korean war.

Refer here to learn more about Korean War: brainly.com/question/1178880

#SPJ1

6 0
1 year ago
The President presents an award to
Alexus [3.1K]

The correct answer to this open question is the following.

Although there are no options attached we can say the following.

The President presents an award to the artist who created a statue in

honor of the 500th anniversary of Christopher Columbus' voyage to

America. The president's role is the Chief Executive.

As the leader of the executive branch, the President of the United States has many roles.

He is the Chief of the State. He is the commander-in-chief of the US armed forces(Army, Navy, Air Force, and Coastal Guard). He is the Chief of State. He has the power to appoint the members of his cabinet. And he is the Chief Diplomat.

5 0
2 years ago
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