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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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What was an important result of the Battle of Saratoga?
34kurt

Answer:

The French entered the war on the side of the united states

Explanation:

Significance of the Battle of Saratoga

The Battle of Saratoga was a turning point in the American Revolution. It gave the Patriots a major morale boost and persuaded the French, Spanish and Dutch to join their cause against a mutual rival.

Also France formally recognized the United States on February 6, 1778, with the signing of the Treaty of Alliance. On the continent, France was protected through its alliance with Austria which, even if it did not take part in the American Revolutionary War, affirmed its diplomatic support of France.

7 0
3 years ago
Warm-Up
Romashka-Z-Leto [24]

Five object include Chair, table, Pen, Novels and Books. They were made for convenience and adequate knowledge transfer.

Chair is made of wood, tables is made of wood, books are made of papers, pen is made of nickel and carbide and novel is made of papers.

<h3>What is trade?</h3>

Trade is done to get what you do not have.

An item is given out which have the value of what is about to be collected in exchange. Commodities and goods are traded for money.

Therefore, trade is done in exchange for money and it has a great impact in cash flow and overall economy.

Learn more on trade below

brainly.com/question/780414

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8 0
2 years ago
What were working conditions like during at 1800s
kotykmax [81]

Answer:

Explanation:

The working conditions were terrible during the 1800s. The factories were being built at that time and they were in need of workers. Many people were willing to work hence there were offered low wages since more people were willing to do work as long as they got paid. People worked fourteen to sixteen hours a day for six days a week. The majority were unskilled workers. The owners were concerned with making a profit.

6 0
3 years ago
10
jekas [21]

Answer:

It is located in the northeast corner of Washington

3 0
2 years ago
Why do governments and/or leaders fall from power
konstantin123 [22]

Answer:

Explanation:

they fall cause of corruption , money laundering, false accusations and  political stress and and burden  

3 0
2 years ago
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