answersLogoWhite

0

mortage crisis

User Avatar

Wiki User

13y ago

What else can I help you with?

Continue Learning about Economics

Most affected countries during recession?

In the recent recession the main affected countries are The U.S.A ,Europe, Japan and China and Asia as well.


What are main causes of recession in Pakistan?

Due to corruption of political leaders and ignorance of people about their rights and duties in nation.These are the major cause of recession in PAKISTAN.............


How many stages are in business cycle?

The main stages are expansion, prosperity, contraction and recession


What were the main factors that led to the subprime mortgage crisis in 2008 and how did it impact the global economy?

The main factors that led to the subprime mortgage crisis in 2008 were risky lending practices, lax regulation, and a housing market bubble. This crisis impacted the global economy by causing a financial meltdown, leading to a recession, and triggering a domino effect that affected banks, businesses, and individuals worldwide.


What is the starting point of recession?

First of all we have to think why this current economy crisis raised. simple answer will be this: because of having more consumer than production. Now main question is coming why it is happening? because people are not understanding what really means job and develop. people thought that job is someone who sit on the table and work without getting dust on your hand. and people thought that rising numbers of such a people in country are developed. so, most of the people around the world caught on this unrealistic appearance. they never considered that doing a farming in the field are best job and they never considered its develop country where all the people are engage in farming. if 50% of people consider that agriculture is important and work on it, there wont be any starving situation around the world. and its full proof of recession.

Related Questions

Most affected countries during recession?

In the recent recession the main affected countries are The U.S.A ,Europe, Japan and China and Asia as well.


What was the main reason why Australia's economy collapsed right before the Great Depression began?

The government made poor decisions.


Did Fidelity municipal money market contribute to the recession of 2008?

There were many contributing factors to 2008's recession. The main factors were; AIG, poor lending from big banks, and false real estate inflation. Fidelity played only a small part.


What was the main reason that the Chinese came to America?

The main reason that the Chinese came to America was for the economic opportunities that existed here. They first started coming during the California Gold Rush. The main reason that the Chinese came to America was to find more economic opportunities.


Characteristics of an economic recession?

There are many areas which have undergone an economic recession. The four main characteristics of a recession are reduced value of assets, increased unemployment, an increase of government borrowing, and lower standards of living.


What was the main reason for Russia's support of Serbia during the conflict?

Russia's main reason for supporting Serbia during the conflict was due to their shared Slavic heritage and historical ties, as well as Russia's strategic interests in maintaining influence in the Balkans.


What was the main reason the Chinese came to America?

The main reason that the Chinese came to America was for the economic opportunities that existed here. They first started coming during the California Gold Rush. The main reason that the Chinese came to America was to find more economic opportunities.


Who will be the main entertainer during halftime in the 2008 Super Bowl?

Maroon 5? but not for sure.


What was the main reason that the slaves were forced to dance during the journey to America?

To keep them healthy ( excercise)


What are main causes of recession in Pakistan?

Due to corruption of political leaders and ignorance of people about their rights and duties in nation.These are the major cause of recession in PAKISTAN.............


How many stages are in business cycle?

The main stages are expansion, prosperity, contraction and recession


What is main reason of kargil war?

The main reason for the Kargil war was to gain control of the Kashmir. During the final stage of the war Indian forces battled Pakistan forces.