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
Elanso [62]
3 years ago
10

Some European nations have experienced a debt crisis. What caused this crisis?

History
2 answers:
Mnenie [13.5K]3 years ago
6 0

Answer:

During times of economic prosperity, some nations borrowed more money than they can pay back now in times of economic hardship.

Explanation:

In the 2000s, Europe went through a financial crisis that was mainly due to fiscal problems. In periods of bonanza, before the crisis, some countries, among them Portugal, Ireland, Italy, Greece and Spain, spent more money than they were able to collect with taxes. To finance themselves, these countries started to accumulate debts. This caused a serious crisis in the Eurozone, which was almost extinct. A recovery program of austere nature was implemented with the International Monetary Fund, causing many conflicts between the population and the Government, mainly in Greece. At present the situation is better, but Europe has not yet fully recovered, embittering low economic growth rates.

SSSSS [86.1K]3 years ago
5 0

The correct answer is D) During times of economic prosperity, some nations borrowed more money than they can pay back now in times of economic hardship.

Some European nations have experienced a debt crisis. The cause of the crisis was that during times of economic prosperity, some nations borrowed more money than they can pay back now in times of economic hardship.

Some European governments thought that borrowing money was the best solution to the problems they have at the moment. But the problem was not to borrow but to pay the debt and interests. That was the case of European countries such as Greece or Spain, which caused severe problems in their countries and instability in European markets to the degree that the European Union. led by Germany, had to take action.

You might be interested in
Who were the Boers?How did they influence the European presence in South Africa?
Serga [27]
Boers are defined as "descendants of the Dutch-speaking settlers of the eastern Cape frontier in Southern Africa during the 18th century." This had a sort of influence over the British people who were also wanting to move to South Africa, and this caused some tensions between the two European presences in South Africa.
6 0
3 years ago
Hhelp this kinda my last question lol ​
slamgirl [31]

Answer: Its 5

Explanation:

4 0
2 years ago
Read 2 more answers
Which statement best completes the diagram?
bulgar [2K]

Answer:

What is the question

Explanation:

7 0
4 years ago
Read 2 more answers
3. Scarcity refers to the idea that land (materials), labour, and capital (money) are limited and therefore humanity cannot make
DochEvi [55]

1. Most fruit and vegetables are only ready to be harvested at a specific time of the year, mainly Autumn.

2. Helium will eventually run out because the process to create it takes over millions of years.

5 0
3 years ago
Read 2 more answers
5 reasons why christianity grew in the roman empire
nadya68 [22]
The spread of Christianity was made a lot easier by the efficiency of the Roman Empire, but its principles were sometimes misunderstood and membership of the sect could be dangerous. 

<span>Although </span>Jesus<span> had died, his message had not. Word of his teachings spread to Jewish communities across the empire. </span><span> <span>
Early Christians<span>The spread of Christianity was made a lot easier by the efficiency of the Roman Empire, but its principles were sometimes misunderstood and membership of the sect could be dangerous. </span>

Although Jesus had died, his message had not. Word of his teachings spread to Jewish communities across the empire. This was helped by energetic apostles, such as Paul and by the modern communications of the Roman Empire. 

<span>Spreading the word </span>

Over 30 years, Paul clocked up around 10,000 miles, traveling across the Roman Empire. He preached in some of the empire’s most important cities. Although places like Ephesus, Philippi, Corinth and Athens looked magnificent, they were also home to tens of thousands of poor, desperate people who were the perfect audience for the Christian message of eternal life. 

Like Jesus, Paul spoke to people in their homes and synagogues. But he went beyond Jesus, who had only preached to Jews. Paul believed his message should also be taken to gentiles – the non-Jews. 
</span></span>
7 0
3 years ago
Other questions:
  • What are five rules for the colonists
    7·2 answers
  • Can anyone help me with this?
    12·2 answers
  • According to the Constitution, _____ elects the President.
    10·2 answers
  • What production technique did ford popularize
    14·1 answer
  • What are religious men who lived apart from scociety
    15·1 answer
  • Why is it important to read crittically the works of early historians such as Herodotus and Thucydides?
    15·1 answer
  • 1. What is the poet doing in "Sonnet 43"? *
    8·1 answer
  • What is the status of our national bank?​
    9·1 answer
  • Focus Questions: What Is Insurrection?
    10·1 answer
  • 16. How did the Monroe Doctrine justify the U.S. expansionist efforts in the Western Hemisphere
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!