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.
Answer:
The answer is C.
Explanation:
"One result of improvements in infrastructure and affordable transportation in the 1950s was the mass movement of people to the suburbs. The post WWII economy led to the construction of new roads and highways and the production of affordable cars. These factors led to cultural change in the United States by enabling people to live away from the cities but still access their benefits."
The 1819 Panic was the first financial crisis in the U.S which brought about a conflict between the members of the Democratic-Republican party. This was because the Northern industrialist wanted high tariffs compared to the southern plantation who were not for the idea. The Panic was the first major peacetime financial crisis in the United States that exacerbated tensions within the Republican Party. <em>The Panic further provoked sectional tensions as the northerners advocated for higher tariffs, unlike southerners who rejected their support for the nationalistic economic programs.</em>
Answer:
The Glorious Revolution showed that people could pursue a change of ruling power. It also provided many new ideas to American colonists
Explanation:
