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
Natalka [10]
4 years ago
8

What were three things that helped cause the 2000s recessions?

History
1 answer:
hjlf4 years ago
4 0

Answer:

The correct answers are B, C and E. Three things that helped cause the 2000s recessions were the federal deficit, the mortgage crisis, and spiking gas prices.

Explanation:

The years leading up to the crisis were characterized by sharp increases in commodities (especially gas), stock and housing prices and a related boom in demand. Problems in the US banking system and the emergence of highly transparent securities with security in housing led to increasing problems in the financial sector as housing prices in the US fell sharply in 2006. The crisis gradually spread in the financial sector and increased dramatically as the US fourth largest investment bank Lehman Brothers was declared bankrupt on September 15, 2008. The bankruptcy caused international panic, and the interbank mortgage market froze to ice. A number of large and well-established investment banks and commercial banks in the US and Europe suffered heavy losses. Several went bankrupt and others were saved only as a result of considerable financial assistance from their respective governments.

The crisis then spread rapidly from the financial sector to the real economy. There was a sharp decline in international trade, rising unemployment, public debt and falling commodity prices. The situation is often perceived as the greatest decline in the world economy since the depression of the 1930s.

Governments and central banks around the world reacted with expansive fiscal and monetary policies to stimulate domestic economies. At the same time, initiatives were taken to reduce the risk in the financial systems.

You might be interested in
Why did the Germans believe that the Schlieffen Plan would allow them to 2 points
Ira Lisetskai [31]

Answer:

The Germans believed that Great Britain would decide to stay out of the war.

Explanation:

Schlieffen in his plans had made plans to take France by surprise and that a big and successful attack against France was going to be enough to stop Britain from being involved in the war. And This would give the Germans time (Schlieffen had built his plans around six weeks) to move soldiers who had been fighting the French to Russia to take on the Russians.

The attack on France was to be done through Belgium and Luxemburg. Britain in 1839 had guaranteed Belgium her neutrality. Schlieffen's strategy for success was dependent on Britain not supporting Belgium.

7 0
3 years ago
Why didn’t most Americans support getting involved in the ww1?
o-na [289]

Answer:

When World War I began, many Americans were reluctant to join the war to avoid involvement in Europe's "petty squabbles" (as it saw them), and didn't feel that it was a threat to the US. They did send Britain essential war materials to help them during earlier parts of the war. The First World War saw a continuation of America's Isolationist policy, as the people of America didn't want to become involved in foreign affairs which didn't concern them. America did join the war, however, after Germany sank the Lusitania, killing 128 American citizens. They only entered the war for the last year though, and if they had come in sooner , the war might have ended much earlier.

Explanation:

7 0
3 years ago
What major factor(s) led to the European colonization of Africa?
PIT_PIT [208]

Explanation:

_ less raw material they have

_industrial revolution up in this 1st and 2nd stage .there are thankful iam Ethiopian and not colonze in italy talk and follow bye

7 0
3 years ago
What a good thesis statement to write about the atomic bomb that happen in 1945???<br><br> ~**~
atroni [7]

Answer:

Despite the immorality surrounding the event, America's decision to drop the Atomic Bombs on Hiroshima and Nagasaki during the latter years of World War II was justified, because it put a quick end to the war and saved thousands of American lives in the process.

3 0
2 years ago
The Battle of Austerlitz took place during which war?
larisa [96]

Answer:

Date: December 2, 1805

Explanation:

Hope this helps!

8 0
3 years ago
Other questions:
  • Which way does humans organize and structure their societies are studied by
    11·1 answer
  • Would there be any laws to control how you lived, what right or freedoms you exercised, or what property you had? Why?
    15·1 answer
  • Non-examples for indentured servant
    15·1 answer
  • How do local governments relate to State governments?
    13·1 answer
  • Which country aligned with the united states after world war ii?
    10·2 answers
  • How many presidents had unsuccessful assassination attempts
    8·1 answer
  • How did Maya architecture reflect Maya religious beliefs?
    12·2 answers
  • En la actualidad que personalidades podrian asumir la funcion de un vampiro ??
    7·1 answer
  • PLS PLS HELP!! Why did President Truman relieve General MacArthur of his command duties?
    10·1 answer
  • PLEASE HELP I REALLY REALLY NEED HELP I'll literally give someone brainlest if they get the question right
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!