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
julsineya [31]
2 years ago
12

Describe the differences and similarities surrounding the circumstances that caused the financial crisis during the 1980s and th

e crisis of 2007.
Plz help timed test.
Will mark brainliest!
History
2 answers:
klemol [59]2 years ago
5 0

Answer:

The financial crisis that began in the 1980s was the result of lax government regulations and management fraud that led to the closure of more than 1,000 savings and loans. The 2007 crisis was the result of risky mortgage loans and investments connected with those loans. In each case the situation resulted in borrowers’ inability to pay back loans and caused many to lose their homes due to foreclosure.

Explanation:

nadya68 [22]2 years ago
3 0

Answer: The financial crisis of 2007 to 2008 is considered the worst since the Great Depression's wave of bank failures. But another banking crisis, which took place during the 1980s and early 1990s, ranks as one of the worst global credit disasters in history. Often overlooked amid the clamor of the 2008 credit bubble collapse, what became known as the savings and loan crisis (S&L) ultimately led to a massive taxpayer-funded rescue of an industry that essentially collapsed.

Explanation:

You might be interested in
Which word best describes early American foreign policy? A. Internationalism B. Imperialism C. Isolationism D. Militarism
ValentinkaMS [17]
It has to be C. isolationism im pretty sure
4 0
3 years ago
Read 2 more answers
When was nationalism first used? was it during the french revolution or something else?
Colt1911 [192]

it was used in the balkans war.

8 0
3 years ago
True or False: The sinking of the British Passenger Ship "Lusitania" causes the U.S. to declare war on Germany.
CaHeK987 [17]

<em>False.</em>

Explanation:

Although the sinking of the Lusitania was fuel for the United States to enter World War I, it was not the direct cause of it. The United States actually entered the war a few years later, but people still remembered the Lusitania.

Although there were numerous occurrences that happened that finally made the United States declare war on Germany, the sinking of the Lusitania included, the biggest reason for them joining the war was because of the Zimmerman Telegram.

In 1917, the British decoded a secret message that was for Mexico, from Germany. This telegram is known as the Zimmerman Telegram, and in it stated that if Mexico joined forces with Germany, against the United States, they would get numerous territories in America when Germany won the war.

This was the direct cause of the United States joining World War I. The Zimmerman Telegram finally made President Woodrow Wilson declare war on Germany.

8 0
3 years ago
Which of the following is not a cabinet level department?
velikii [3]
I think it is b but idk tho
4 0
3 years ago
Please list examples of Civic Engagement..
Advocard [28]

Answer:

Community Research

Advocacy and Education

Capacity building

Political involvement

8 0
2 years ago
Read 2 more answers
Other questions:
  • How many u.s. presidents have been impeached and tried by the senate? none 1 (bill clinton) 2 (andrew johnson and bill clinton)
    12·1 answer
  • WILL GIVE BRAINLIEST (only true nerds will know) What is the answer to life the universe and everything?
    10·2 answers
  • According to the authors, why did the writers of the constitution create such a difficult amendment process?
    15·1 answer
  • President of Haiti who was forced into exile
    11·1 answer
  • What was the situation in athens in 508 BC and why
    5·1 answer
  • “If a nation is attacked the only recourse is to attack back” Agree or disagree and why?
    15·2 answers
  • Discuss the challenges immigrants faced in America
    5·1 answer
  • Scientists have found that it's always best to have a control group. Why? Let's say you are measuring whether drinking soda make
    6·1 answer
  • How did Pol Pot fall from power?
    8·1 answer
  • After the Spanish-AMerican War, a controversy arose over winteater the
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!