The 2008 recession/financial crises one of the worst of its kind in a generation. Major economies including the United States and the UK suffered a period of recession, consistent low-growth, rising unemployment and many businesses closing down.
A 10-member committee called the Financial Crisis Inquiry Commission was setup by the US government to study the causes of the recession, in the hopes that a future similar crisis could be prevented.
In 2011, the committee released their findings and pointed out the two major reasons for the crisis:
1. The basic reason for the crises as the Collapse of the housing market.
2. Which in turn was fueled by toxic mortgages, low-interest and easy credit available to everyone and minimal regulation.
The report also pointed out vast problems of corporate governance, lack of government will and unpreparedness.
The correct answer to this open question is the following.
Marquis Duquesne was the Governor of New France at the opening of the French and Indian War.
The French and Indian War was one of the many conflicts that the British and French had for the control of territories in North America. It started in 1754 and transformed into an international conflict called the Seven Years War with the participation of Prussia and Spain. The armed conflict ended in 1763. The British won the war with the help of some Native American Indian tribes that allied the English.
Answer:
The answer should be: Companies replaced hand-operated brakes with air brakes on trains.
Explanation:
You have to think how hard it was for trains to stop with hand operated brakes. Trains go fast, and not stopping in time can be dangerous. Hope this helped :)
According to Buddhism, when people were finally free from all earthly concerns, they would reach nirvana. ... Buddhists believe that worshipping the Buddha helps them follow the Eightfold Path. for the first time, these groups heard that they, too, could reach enlightenment.
Answer: (A) Public interest groups
Explanation:
I got it right on the quiz.
