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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:

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Is Along the St. Lawrence Valley in the French colony or british
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Answer:

New French colony

Explanation:

New France (French: Nouvelle-France), also sometimes known as the French North American Empire or Royal New France, was the area colonized by France in North America, beginning with the exploration of the Gulf of Saint Lawrence by Jacques Cartier in 1534 and ending with the cession of New France to Great Britain and Spain in 1763 under the Treaty of Paris (1763).

The territory of New France consisted of five colonies at its peak in 1712, each with its own administration: Canada, the most developed colony was divided into the districts of Québec, Trois-Rivières, and Montréal; Hudson's Bay; Acadie in the northeast; Plaisance on the island of Newfoundland; and Louisiane.[1][2] It extended from Newfoundland to the Canadian Prairies and from Hudson Bay to the Gulf of Mexico, including all the Great Lakes of North America.

In the 16th century, the lands were used primarily to draw from the wealth of natural resources such as furs through trade with the various indigenous peoples. In the seventeenth century, successful settlements began in Acadia and in Quebec. By 1765, the population of the new Province of Quebec reached approximately 70,000 settlers.[3][4] The 1713 Treaty of Utrecht resulted in France giving Great Britain its claims over mainland Acadia, the Hudson Bay, and Newfoundland. France established the colony of Île Royale, now called Cape Breton Island, where they built the Fortress of Louisbourg.[5][6]

The British expelled the Acadians in the Great Upheaval from 1755 to 1764, which has been remembered on July 28 each year since 2003. Their descendants are dispersed in the Maritime Provinces of Canada and in Maine and Louisiana, with small populations in Chéticamp, Nova Scotia and the Magdalen Islands. Some also went to France.

In 1763, France ceded the rest of New France to Great Britain and Spain, except the islands of Saint Pierre and Miquelon, at the Treaty of Paris which ended the Seven Years' War, part of which included the French and Indian War in America. Britain received Canada, Acadia, and the parts of French Louisiana which lay east of the Mississippi River, except for the Île d'Orléans, which was granted to Spain with the territory to the west. In 1800, Spain returned its portion of Louisiana to France under the secret Treaty of San Ildefonso, and Napoleon Bonaparte sold it to the United States in the Louisiana Purchase of 1803, permanently ending French colonial efforts on the American mainland.

New France eventually became absorbed within the United States and Canada, with the only vestige of French rule being the tiny islands of Saint Pierre and Miquelon. In the United States, the legacy of New France includes numerous placenames as well as small pockets of French-speaking communities.

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