The 2008 recession/financial crises one of the worst of its kind in a generation. Major economies including the United States and the UK suffered a period of recession, consistent low-growth, rising unemployment and many businesses closing down.
A 10-member committee called the Financial Crisis Inquiry Commission was setup by the US government to study the causes of the recession, in the hopes that a future similar crisis could be prevented.
In 2011, the committee released their findings and pointed out the two major reasons for the crisis:
1. The basic reason for the crises as the Collapse of the housing market.
2. Which in turn was fueled by toxic mortgages, low-interest and easy credit available to everyone and minimal regulation.
The report also pointed out vast problems of corporate governance, lack of government will and unpreparedness.
Answer:
Equality under the law.
Explanation:
Civil rights struggles have always had one common characteristic, regardless of their approach to the various and notable problems that many people still suffer to this day, and that is a claim that, as an emblem, was born through the bourgeois revolution in France in 1789: all people are equal under the law and all human beings have inalienable rights that cannot, under any circumstance, be taken away. All civil rights struggles, in reiteration, are aimed at fulfilling the promise of equality, under all aspects of existence, according to the law.
Answer:
List of grievances.
Explanation:
The Declaration of Independence of the United States was a formal declaration by which the Thirteen British Colonies in North America declared themselves independent from the British Empire, forming a new nation, the United States of America, on July 4, 1776.
This Declaration of Independence was not only a formal declaration of freedom, it also presented a list of reasons why the colonies made this decision. Thus, he presented a list of grievances, in which King George was held responsible for the American Revolution, as he had brought relations between the colonies and Britain to a limit, after years of abuses and unjust limits to civil and economic liberties. and policies of the colonies and their inhabitants.
