The 2008 recession/financial crises one of the worst of its kind in a generation. Major economies including the United States and the UK suffered a period of recession, consistent low-growth, rising unemployment and many businesses closing down.
A 10-member committee called the Financial Crisis Inquiry Commission was setup by the US government to study the causes of the recession, in the hopes that a future similar crisis could be prevented.
In 2011, the committee released their findings and pointed out the two major reasons for the crisis:
1. The basic reason for the crises as the Collapse of the housing market.
2. Which in turn was fueled by toxic mortgages, low-interest and easy credit available to everyone and minimal regulation.
The report also pointed out vast problems of corporate governance, lack of government will and unpreparedness.
Answer:
C.
Explanation:
Texas' prime climate dominated by sunny weather was a primary cause of this. The central location and natural resources made it an ideal location for wartime facilities and training.
Parliament believed they had the right to tax the colonies. So they began to tax all the colonists. Hope that helped.
Answer:
1.The Founding of the Colonies
2.French and Indian War
3.Taxes,Laws,and More Taxea
4.Protests in Boston
5.Intolerable Acts
The answer would be East Asia. East Asians
comprise around 1.6 billion people. About 38% of the population of Asia
and 22%, or over one fifth, of world's population lives in East Asia.
