Answer:
Hedge funds, banks, and insurance companies caused the subprime mortgage crisis. Hedge funds and banks created mortgage-backed securities. ... When the Federal Reserve raised the federal funds rate, it sent adjustable mortgage interest rates skyrocketing. As a result, home prices plummeted, and borrowers defaulted.
Answer:
A myth is a simple explanation for a complex truth.
Explanation:
Answer:Known as the “Sun King,” Louis XIV centralized power in the monarchy and reigned over a period of unprecedented prosperity in which France became the dominant power in Europe and a leader in the arts and sciences.Jun 12, 202
summary: some of the most interesting things king louis XIV did was that he gained power in the monarchy and became a powerful leader in Europe as the king of arts and science.
Sing Dem Herrn is your answer :)