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
(PLESEEE ANSWERR ITS DUE TODAYY)According to this time line, Magellan’s crew completed their first voyage between which two even
kati45 [8]
The Magellan’s crew completed their first voyage between when Matin Luther promoted Church reform in 1517 and Cartier claims Canada for France in 1534.
3 0
3 years ago
What happens in a war of attrition
aleksandr82 [10.1K]

Answer:

The International Encyclopedia of the First World War defines attrition warfare as “the sustained process of wearing down an opponent so as to force their physical collapse through continuous losses in personnel, equipment and supplies or [wearing] them down to such an extent that their will to fight collapses.”

Explanation:

don't forget to brainllest:)

8 0
3 years ago
Freee pointsss but someone help me with a assignment plz
STALIN [3.7K]
Ok I will lol free points btw
3 0
3 years ago
Read 2 more answers
What was General John Burgoyne's "master plan” for defeating the Patriots in 1777?
larisa [96]

Answer:

In the spring of 1777, Major General John Burgoyne proposed a plan for defeating the Americans. Believing that New England was the seat of the rebellion, he proposed cutting the region off from the other colonies by moving down the Hudson River corridor while a second force, led by Colonel Barry St.Explanation:

7 0
2 years ago
Which European country first settled in the Middle Colonies?
victus00 [196]

Answer:  England

Explanation:

6 0
3 years ago
Other questions:
  • Which answer best describes how many Southern states responded to the Thirteenth Amendment? (5 points) The states created new la
    10·2 answers
  • Former slave lectured against slavery in great Britain and the North
    10·1 answer
  • Information about coniferous forest
    11·2 answers
  • The summary of the applicant’s education and work history is called the:
    5·1 answer
  • Definition for Marshall Plan
    9·2 answers
  • Who fought in the French n Indian war? ( question 4 100 pts)
    14·2 answers
  • Which option was not one of Roosevelt’s foreign policy accomplishments? A. brokering a peace deal among Spain, Britain, France,
    6·1 answer
  • Natural rights include life, liberty, and property.
    14·1 answer
  • President truman's policy of containment was intended to
    13·2 answers
  • Which of the following is a true statement about Native American
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!