<span>Cons
</span>Depression of wages may occur but this seems to be temporary.
Having workers willing to work for relatively low pay may allow employers to ignore productivity, training and innovation.
Migrants may be exploited.
Increases in population can put pressure on public services.
Unemployment may rise if there are unrestricted numbers of incomers.
There may be integration difficulties and friction with local people.<span>Positive
</span>Job vacancies and skills gaps can be filled.
Economic growth can be sustained.
Services to an ageing population can be maintained when there are insufficient young people locally.
<span>The pension gap can be filled by the contributions of new young workers and they also pay taxes.
</span><span>Pros
</span>Job vacancies and skills gaps can be filled.
Economic growth can be sustained.
Services to an ageing population can be maintained when there are insufficient young people locally.
The pension gap can be filled by the contributions of new young workers and they also pay taxes.
Immigrants bring energy and innovation.
<span>Host countries are enriched by cultural diversity.</span><span>
</span>
The correct answer is:
D. Too many risky loans given out.
Explanation:
The economic crisis of 2008, which was one of the worst economic crisis in the world, began when too many risky loans were given out to people who couldn't afford to pay back so eventually the debts became bigger than the money available, leading the bank system to almost collapse.
Risky loans were given to people mainly when they wanted to buy a house, because mortgage brokers sold the risky mortgages with the good mortageges to investors and banks, and because the house market was rising everybody was making money, but the bubble broke out because families were not able to pay their mortgages because of the interest rates and as more credit was given the house prices started to fall, so there was a huge debt and no one to pay for it.
Woodrow Wilson. Just passed this question on my test
F.D.T
if u don't know what that means then u appreciate him
Answer:
They hold the most people
