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Westkost [7]
3 years ago
15

What is the cause and effect of the Subprime mortgage crisis of 2008?

History
1 answer:
bazaltina [42]3 years ago
8 0

Answer:

the causes: Hedge funds, banks along with insurance companies

effects: threatened to destroy the international financial system. it also. ended up causing several major investment- commercial banks and mortgage lenders and other financial companies to fail- or nearly fail. it also kickstarted the gread recession which occured from 2007 to 2009 and was the worst economic decrease since the great depression in thr 1930s

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Es partidario de mantener los valores político social y maréales tradicionales y se opone a reforma o cambio radicales en la soc
marusya05 [52]

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Which founding father worked to establish a separation between church and government by drafting the Virginia Bill of Establishi
lbvjy [14]
Your answer is... Thomas Jefferson
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According to Roosevelt, what was the true goal of<br> the New Deal?
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Which of the following is the best conclusion one could make from the map above?
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