1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ivenika [448]
3 years ago
8

What was principal cause of the 2007 recession?

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

You might be interested in
Which item fits appropriately in the blank?
ipn [44]

Answer:

appoints judges

Explanation:

6 0
3 years ago
Read 2 more answers
Who challenged the United States to contain communism in world war 2
Pavel [41]

You mean the Cold War? Containing communism wasn't a priomary goal of World War 2.

3 0
3 years ago
Who and what does MLK reference in the first paragraph of “I Have a Dream”?
Roman55 [17]

Answer: I have a dream that one day every valley shall be engulfed, every hill shall be exalted and every mountain shall be made low, the rough places will be made plains and the crooked places will be made straight and the glory of the Lord shall be revealed and all flesh shall see it together.

Explanation:

8 0
3 years ago
Match these items.
vova2212 [387]

Answer:

1. Jonathan's lame son         /    Michal

2. took a census for David          /Mephibosheth

3. first husband of Bathsheba           /Saul

4. David's first wife                    / Uriah

5. mother of Solomon              / Araunah

6. father of Jonathan                / Bathsheba

7. writer of Psalm 51                    / David

8. sold a threshing floor to David     / Joab

Explanation ummm it should be right

4 0
2 years ago
Why is it important that we understand the structure and function of government
Rufina [12.5K]

Answer:

The study of governmental structures must be approached with great caution, for political systems having the same kind of legal arrangements and using the same type of governmental machinery often function very differently. A parliament, for example, may be an important and effective part of a political system; or it may be no more than an institutional facade of little practical significance. A constitution may provide the framework within which the political life of a state is conducted; or it may be no more than a piece of paper, its provisions bearing almost no relationship to the facts of political life. Political systems must never be classified in terms of their legal structures alone: the fact that two states have similar constitutions with similar institutional provisions

hope this helps :D

Explanation:

5 0
3 years ago
Other questions:
  • (06.02 LC) What measurement can physicians use to assess an adult's risk for high LDL cholesterol, triglycerides, or blood press
    15·2 answers
  • How did the marshall court strengthen the national governement​
    8·1 answer
  • What the answer to this problem
    10·1 answer
  • Which Founder included the idea of natural rights when he wrote the Declaration of Independence?
    10·2 answers
  • Who wrote the poems “Annabel Lee” and “The Raven”? Ralph Waldo Emerson.
    10·1 answer
  • What are the two Atlantic sub-basins?
    5·2 answers
  • Why do the major rivers in Southeast Asia run from north to south?
    15·2 answers
  • Explain how imagery is used, in this painting, to support the idea of Manifest Destiny. Your answer should include examples from
    9·1 answer
  • Why did the Kabuliwala staba man?​
    10·1 answer
  • WHICH OF THE FOLLOWING IS THE MOST DEADLIEST TROPICAL DEPRESSION EVER THAT HIT THE PHILIPPINES?
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!