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
Bumek [7]
3 years ago
5

In which industry did a sudden decrease in value lead to the economic crisis of 2008-2009 in America? Stock market Technology Ho

using None listed
History
2 answers:
stepan [7]3 years ago
4 0

The industry that showed a sudden decrease in value that lead to the economic crisis of 2008-2009 in America was the housing industry since it went from a boom in the mid-2000s to a bust in late-2000s.  

This crisis in the real-estate industry resulted in what was called “The Great Recession”. The Great Depression started in America and then became a worldwide crisis that finished in 2009. This economic downturn had a significant impact in global economies and it is compared to “The Great Depression” of 1929.  


alekssr [168]3 years ago
3 0

The correct answer is Housing.

The financial crisis of 2008 is considered by several economists the worst economic disaster since the Great Depression of 1929.

It began in 2006 when housing prices started to fall. At the time realtors saw as a positive sign such as an overheated market reaching a more sustainable level.

What realtors did not realize back then is that there were too many homeowners with questionable credit, for example, loans for 100% or more of the value of the house, which led banks to invest in subprime areas (mortgage-backed securities including bundled loan portfolios, derivatives and credit default swaps).

This type of investment mentioned above collapsed the investment bank Lehman Brothers on September 15th, 2008 developing an international banking crisis.


You might be interested in
Journal Entry #2
Andre45 [30]

Answer:

Thanks to Allah for the water in this town. I hope for the rain seasons to not be as spotty as other believe it will be.  This town has a very prosperous trade activity and it is wonderous to watch all the different people coming here to trade. I will miss the town, I hope the journey across the desert is not that worrisome that we lose all of our supply of water. The date tree shade is very and relaxing. I will pray to Allah that our journey to Taghaza is swift and safe.

Explanation:

I hope this helps.

3 0
2 years ago
In what ways do people today behave like the Israelties, how does God provide for them?
zmey [24]
This is actually funny, but black people act like the Israelite today. This is true because in Exodus 32:9, it says,<span>"I have seen these people," the LORD said to Moses, "and they are a stiff-necked people." (I can say that because I'm black, okay?) This is talking about black people because if someone tells us to do something, we do the opposite. For example, if there was a crime scene and it had the yellow CAUTION tape around the scene black people would ignore the tape and step into to crime scene. And when the police tell us to get away from the scene, we have the audacity to tell the police that they're being racist, when we don't want to do something. Hence, stiff necked and rebellious people.
Hope this helps! :)</span>
6 0
3 years ago
Which of these was originally called new amsterdam?
likoan [24]

B.

The colony of New Netherland was established by the Dutch West India Company in 1624 and grew to encompass all of present-day New York City and parts of Long Island, Connecticut and New Jersey. A successful Dutch settlement in the colony grew up on the southern tip of Manhattan Island and was christened New Amsterdam.

8 0
3 years ago
Read 2 more answers
EASY QUESTION
BabaBlast [244]

Answer: Pioneers in Wagon Caravans

3 0
3 years ago
Read 2 more answers
When did the achievements of the WASPs become widely known?
il63 [147K]

Answer:

The answer is option A "At the time the U.S. entered World War II"

Explanation:

Despite the fact that Global Women's Day and the Women of Flight Overall week are a long ways behind us, commending the extraordinary accomplishments and featuring a portion of the achievements made by Women in aviation should be each day.

It is notable that the aviation industry is exceptionally male dominated. Toward the beginning of 1943, around just 30% of those working in the flight field were Women.

World War II was extraordinarily significant and enabling to the development of Women in aviation, huge numbers of whom had the option to progress into numerous parts of the flying field, for example, mechanics, flight regulators, educators and airplane creation line laborers.

As per a BBC News story on February 17, 2015, today just 3% of pilots are female, which is around 4,000 Women out of a sum of 130,000 pilots worldwide.

7 0
3 years ago
Other questions:
  • The threat to the survival of which nation led the Allies to pursue a “Europe-first” strategy?
    5·2 answers
  • Many Sumerians were skilled at working with this material even though they had to get the raw material by trading with others. W
    15·1 answer
  • Which nation was divided into two countries by communist ideology after world war ii?
    9·2 answers
  • How did the government react to the ANC and mandela?
    5·1 answer
  • Which excerpt best reflects Byron’s appreciation of beauty?
    14·1 answer
  • Explain the historical circumstances surrounding Robespierre’s speech
    7·1 answer
  • What reasoning did Robert edlin give in his response to another soldier
    15·1 answer
  • How does the evolution and adaption of farming and irrigation led to the beginnings of a civilization?
    5·1 answer
  • The colonists protested the Stamp Act and created the Stamp Act Congress. Later the King reversed or canceled the Stamp Act. Whi
    15·1 answer
  • 1. Which of the following factors would most affect the role of samurai in Japanese society?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!