This topic contains a solution. Click here to go to the answer

Author Question: Discuss the recent economic crisis and recession. What happened and why? Assess whether the federal ... (Read 65 times)

ARLKQ

  • Hero Member
  • *****
  • Posts: 571
Discuss the recent economic crisis and recession. What happened and why? Assess whether the federal government should take any steps to prevent this from happening again. If so, what steps?
 
  What will be an ideal response?

Question 2

Discuss government regulation in the United States during the nineteenth century.
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jxjsniuniu

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

Answer: An ideal response will:
1. Outline the factors that contributed to the recent financial recession, including the collapsing mortgage industry and the investment crisis.
2. Illustrate how these two factors created slowdowns in construction, growing government expenditures, and losses of jobs that sparked a domino effect that rippled throughout the U.S. economy.
3. Connect how the efforts to deregulate certain sectors of the financial industry, specifically investment banking, created conditions under which banks took higher risks.
4. Lay out a specific course of action that would minimize these effects in the future, including efforts to reregulate the financial and housing sectors, or alternately argue why government should not guarantee against risk.

Answer to Question 2

Answer: An ideal response will:
1. Discuss the beginnings of the regulatory movement in the nineteenth century, noting its origins in anti-trust legislation.
2. Note that these regulations were designed to prevent monopolistic business practices by so-called trusts.




ARLKQ

  • Member
  • Posts: 571
Reply 2 on: Jul 10, 2018
Thanks for the timely response, appreciate it


AngeliqueG

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

For a complete list of videos, visit our video library