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Ivenika [448]
2 years ago
8

What was principal cause of the 2007 recession?

History
2 answers:
MAVERICK [17]2 years ago
5 0
<h3> the answer is subprime mortgages</h3>
Shalnov [3]2 years ago
4 0

Subprime mortgages was the principal cause of the 2007 recession.

Hedge funds, banks, and insurance companies led to the subprime mortgage crisis. Hedge funds and banks created mortgage-backed securities. The insurance companies covered them with credit default swaps. Demand for mortgages caused an asset bubble in housing.  

Home prices plummeted, and borrowers defaulted resulting in the 2007 banking crisis, the 2008 financial crisis, and the Great Recession.

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blsea [12.9K]

Correct.

Article 1 of the Constitution deals with the Legislative branch, Article II with the Executive branch, and Article III with the Judicial branch.

Article II is broken up into four sections that deal with the rights, duties, and obligations of the Federal executive.

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3 years ago
In which region did colonists live in small spread out settlements?history
sertanlavr [38]

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Explanation:

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The black activists who encourage the African Americans to fight for their rights by building up is Martin Luther King as he was an activist and a leader in which a movement called the civil right movements started as a way of providing and fighting for equal rights.

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forsale [732]

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I think it's caudillos

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