1. Housing prices increased, then fell, due to the subprime mortgage crisis
During the housing boom in the early- to mid-2000s, many mortgage lenders began to expand their definition of credit-worthy and extend mortgages to buyers with poor credit histories who didn’t fit the previous definition of a desirable borrower.
Banks seized on these high-risk loans and began to buy them as “mortgage-backed securities” (investments secured by mortgages), a product that became very popular and yet was largely misunderstood by average investors. High demand for this new investment product led to an increase in risky lending practices and a subsequent increase in the housing market. But while housing prices were escalating, the Federal Reserve Bank also began raising interest rates—eventually rising to 5.25 percent by June 2006.
While those with fixed-rate mortgages were unaffected, millions of new borrowers had mortgages with adjustable rates, which meant that they had lower, affordable payments initially, but their monthly interest payments soon skyrocketed along with the new interest rates.
Unable to make their payments or sell their homes for a profit, many defaulted on their loans. That brought more inventory into the housing market and prices continued to plummet. Ultimately, the housing market hit a low in December 2008.
2. Banks went into crisis
With home prices faltering and mortgage-backed securities clearly no longer the solid-gold investment they had appeared to be, banks stopped lending to each other in fear of being stuck with subprime mortgages as collateral. The Fed made a deep cut in the interest rate in August 2007 in an attempt to restore confidence, but it wasn’t enough.
In November 2007, the U.S. Treasury attempted to assuage the pa
nic by creating a superfund for buying distressed portfolios of subprime mortgages, designed to provide liquidity to banks and hedge funds. Then in December 2007, the Fed created the Term Auction Facility (TAF), which supplied short-term credit to banks with subprime mortgages. Again, it was too little, too late.
Esteemed institutions such as Bear Stearns and Lehman Brothers collapsed, and mortgage giants Fannie Mae and Freddie Mac were on the brink.
3. The stock market plummeted, erasing wealth
Foreclosures continued to rise, and this housing bust caused the stock market to dive and eventually crash in September 2008, ultimately losing more than half its value. The double whammy of the falling housing market and stock market meant that Americans suffered staggering losses. Between 2007 and 2011, one-quarter of American families lost at least 75 percent of their wealth, and more than half of all families lost at least 25 percent of their wealth.
The aftermath of 2008’s recession
Fortunately, all bad things come to an end, and such was the case with the Great Recession in 2008 as the government initiated two key programs designed to provide relief for those in the throes of the economic downturn:
5. Part B: Which of the following phrases from the text best supports the
answer to Part A?
O A "The Afrikan regime put up a stiff front" ( Paragraph 16)
OB "denounced apartheid as an unacceptable system" ( Paragraph 17)
OC "awarded the 1960 peace prize to Albert Luthuli" ( Paragraph 17)
OD "Mandela and seven other activists were sentenced to lifetime
imprisonment" (Paragraph 18)
Answer:
you need to post the text my fellow south african
Answer:
I think the answer is B or C I'm not sure
\
Explanation:
Read the sentence below and use context clues to define the underlined word.
I became frustrated when the man sat in front of me at the movie theatre; he was so tall that my view of the screen was obscured.
blocked
angry
cleaned
improved
Answer:
blocked
Explanation:
obscured means to keep something from being seen or to conceal
Rewrite the sentence in active voice.
Lilly took her brother Joe to the playground. Another little boy arrived at the playground with his mother. The boy started playing with Joe. The teeter-totter was shared by the boys.
Answer:
The only sentence that is in the passive voice is "The teeter-totter was shared by the boys." Changed into the active voice, it becomes:
- The boys shared the teeter-totter.
Explanation:
Let's break the transition between voices down:
1. Find the subject of the passive voice. It becomes the object in the active voice. In this case, it is "the teeter-totter".
2. Find the agent of the passive voice. It becomes the subject in the active voice. The preposition "by" is removed. In this case, it is "(by) the boys".
3. Determine what the tense of the verb "to be" in the passive voice is. In this case, it is simple past.
4. Change the main verb to the same tense as determined above: shared.
Therefore, we have:
The boys shared the teeter-totter.
Answer:
D. The teeter-totter was shared by the boys.
Explanation:
Edge 2021
Obama's famous speech on race in 2008. Contrast it with John Edward's famous 'Two Americas" speeches
Answer: I started Part 1 of the blog by mentioning the hype surrounding Obama’s inaugural address. If I was to give Obama one piece of advice for that speech, I would suggest going back and watching all the available video of first presidential inaugural addresses and making sure yours doesn’t sound like theirs.
Explanation:
Answer:
I read the 2008 speech on race by Barack Obama and the speech on two Americas by John Edwards online.
Obama focused on common hopes among Americans and said he believed in the decency of all Americans. He did say he understood the struggles of those who are underprivileged. Obama made his point with this quote when he said “[I] believe deeply that we cannot solve the challenges of our time unless we solve them together - unless we perfect our union by understanding that we may have different stories, but we hold common hopes; that we may not look the same and we may not have come from the same place, but we all want to move in the same direction - towards a better future for of children and our grandchildren. This belief comes from my unyielding faith in the decency and generosity of the American people. But it also comes from my own American story.”
However, Edwards focused on divisions among Americans, especially those that are due to income. Income inequality creates a kind of class difference. By stressing the division, some say Edwards emphasized a kind of class warfare. An example of Edwards’ point of view was when he said, ” John Kerry and I believe that we shouldn't have two different economies in America: one for people who are set for life, they know their kids and their grand-kids are going to be just fine; and then one for most Americans, people who live paycheck to paycheck. You don't need me to explain this to you do you?”
Explanation:
plato
How did the development of these technologies (tanks, land mines, planes, machine guns), and innovations in battle strategy (unrestricted submarine warfare, trenches) change the way wars will be fought?
Answer:
These innovations made war much more deadly than before. Now wars have to be fought with strategy. Previously speaking soldiers would literally line up and hope that their bullets would hit, because they would take 30+ seconds to reload the entire firearm. Now that there are these improvements to combat, guns can be reloaded much faster, tanks can keep going even after being bombed, submarines can sink boats. It creates many more possibilities, and makes war need to be strategically planned out.
1.What are the geographic factors that helped the Roman empire succeed?
2.Why were those geographic factors an advantage for Rome?
3.What were some of the economic factors that helped the Roman empire succeed?
Thank you :)
Answer:
1 ans=The mild climate enabled Romans to grow wheat, grapes, and olives. This abundance o food supported the people and allowed Rome to prosper. While the climate made year-long agriculture possible, Rome also had the advantage to be near water. The Tiber River helped the agricultural system to prosper.
Was India divided after British rule ended
Answer:
With the end of British colonial rule in August 1947, the Indian subcontinent was divided into India and Pakistan. In October, 1947, first war broke out between Pakistan and India over control of Muslim-majority Kashmir, a Kingdom which was then ruled by Hindu Maharaja Hari Singh. By Associated Press | Associated Press.
Explanation:
Pam witnessed a murder during a robbery. Now, she has intrusive thoughts of the event, nightmares, sleeplessness, anxiety, and feels emotionally numb. She is likely suffering from Group of answer choices
During a heist, Pam witnessed a murder. She now suffers persistent memories of the incident, nightmares, insomnia, anxiety, and is emotionally numb. She most likely has PTSD.
What is PTSD?PTSD refers to the post-traumatic stress disorder. It occurs after experiencing a terrible event. It can cause all of the symptoms listed above.
However, both GAD and sleeplessness are plausible diagnoses. While both PTSD and GAD can create sleeplessness, it's safe to presume that her sleep disorder is linked to what she saw.
Generalized anxiety disorder (GAD) focuses on intrusive thoughts and anxiety (obviously), although all of her symptoms could be due to PTSD.
Therefore, Pam is likely suffering from PTSD.
Learn more about the PTSD, refer to:
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HELPPPPPPPPPPPPPPPPPPPP!!!!!!!!!!!!!!!!!!!
Answer:
c
Explanation:
Answer: C
Explanation:
PLEASE HELP THIS IS VERY IMPORTANT I WILL GIVE YOU BRAIN THING IF ITS CORRECT NO LINKS PWEASE
Answer:
24,879-=9
Explanation:
34
How did Judaism change under Babylonian and Persian rule?
What happened in 538 B.C. that made it possible for the Jews to return to Judah from exile?
Why do you think so many Jews chose to stay in Babylon after Cyrus let them return to Judah?
How did Cyrus's views on religion help Judaism survive?
Answer:
In 538 BCE King Cyrus made a public declaration granting the Jews the right to return to Judah and rebuild the Temple in Jerusalem. In the year 586 BCE, King Nebuchadnezzar of Babylonia conquered the city of Jerusalem, destroyed the Temple and sent many of the inhabitants of Judah into exile.
Explanation:
HELP ASAP
1.Which of the following is NOT a characteristic of a civilization?
Government
Technology
Weather
Culture
2.What is the name of the water system used to transfer water from rivers to farmlands through the use of ditches, canals, streams, ect.?
Irrigation
Aqueduct
Agriculture
Migration
3.What is the name of the religious belief that meant they worshipped more than one God?
Christian
Polytheism
Atheist
Monotheism
4.What source of water helped "shape" Ancient Egypt?
Yangtze River
Nile River
Mediterranean Sea
Tigris River
5.Which of the following statements is an opinion?
Primary sources were created when an event happened.
Nomads are people who move around from place to place.
Civilizations began in river valleys.
Babylon was the greatest of the Mesopotamian civilizations.
Answer:
weather
Explanation:
because weather is not a characteristics
Which experience did Baldassare Castiglione write about?
life in a royal court
life after death
life as an artist
life as a classical scholar
The experience being written by Baldassare Castiglione about the life in a royal court.
Option A is correct.
What is a court?Court is a place where the litigations and proceedings are being fought. There is a judge and the lawyer where judge gives the final verdict and the lawyer fights for the case by against the accused person.
Baldassare Castiglione was the famous writer in the era of Renaissance in the year 1478. He was born in the country of Italy. He was also a courtier, diplomat, and the soldier in armed forces. He was written the book of courtier in the year 1528 which deals with the spread of humanitarian grounds of Italian in the country of England and France. He was died in the year 1529.
Therefore, the experience in the option A is correct.
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How are waves and energy related? (you can just search it up if you want but please help)
here you go
The higher the amplitude, the higher the energy. To summarise, waves carry energy. The amount of energy they carry is related to their frequency and their amplitude. The higher the frequency, the more energy, and the higher the amplitude, the more energy.
does this help?
why did pepole want slaves?
Answer:
Because they wanted people to farm and work for them etc.
Explanation:
Decide which of these sources are credible. Sort the tiles into the correct categories.
a comment section
Credible Source
Not a Credible Source
a respected media site
an academic website
a wiki site
an advertisement
a major newspaper
Answer:
I. Not a Credible Source: a comment section.
II. Credible Source: a respected media site
III. Credible Source: an academic website
IV. Not a Credible Source: a wiki site
V. Not a Credible Source: an advertisement.
VI. Credible Source: a major newspaper.
Explanation:
A credible source is an information source that is unbiased, trustworthy and reliable. Also, a credible source is typically backed up by evidence from various information channels and should be accurate.
In order to validate a credible source, it is necessary to ensure that the information provided is checked against other reliable sources to verify its level of accuracy.
As a rule, any credible source should have multiple ways to validate the informations being presented.
Additionally, the credibility of a source isn't limited to online sources only, especially websites such as wikipedia pages.
Matching the credibility of an information source we have;
I. Not a Credible Source: a comment section.
II. Credible Source: a respected media site
III. Credible Source: an academic website
IV. Not a Credible Source: a wiki site
V. Not a Credible Source: an advertisement.
VI. Credible Source: a major newspaper.
Answer:Hope you have nice day !!
Explanation:
List three different regions of Puerto Rico, and tell how people earn a living in each one.
Answer:
The economy of Puerto Rico is mainly driven by manufacturing, primarily pharmaceuticals, textiles, petrochemicals, and electronics; followed by the service industry, primarily finance, insurance, real estate, and tourism.
Explanation:
Puerto Rico has three main physiographic regions: the mountainous interior, the coastal lowlands, and the karst area.
What questions do historians ask to establish the historical context of primary source
ох
Explain the meaning of a claim statement in your own words
Answer:
A statement essentially arguable, but used as a primary point to support or prove an argument is called a claim. If somebody gives an argument to support his position, it is called “making a claim.” Different reasons are usually presented to prove why a certain point should be accepted as logical.
Explanation:
3. A person who serves the community
as an elected official is
called a______ ?
Answer: I would guess a governor or mayor
Explanation:
Hope this helps
government
brainlist if u got it right
PLEASE HELP ASAP PLEASEE ILL GIVE BRAINLESS
1. Select one area where you want to make the world better: Animals, Hunger, Environment, Bullying, or something else of your choosing. Write at least one complete sentence about why you selected that area.
2. Using complete sentences, answer these five questions. You can research on the Internet to get the answers or ask
someone in your community.
What is the problem you are trying to solve?
Who else is trying to solve this problem?
How are they trying to solve the problem?
Where do they work to solve the problem?
When do they work to solve the problem?
so you picked animals so
you could think about overpopulation
probably people who are zoologist or people who want to help animals
they could hunt down the ones that have viruses / etc
maybe a facility for animals whatever you can search this up
you can also search this up too because i dont really know
Which of the following is incompatible with Aristotle's idea of Eudaimnia?
a. It has to do with the rational element of the soul.
b. It stands in an internal relation with the virtues.
c. It could consist in one or two supremely virtuous actions.
d. It is where all the chains of our pursuits of goods terminate.
e. It means human flourishing.
Answer:
d. It is where all the chains of our pursuits of goods terminate.
Explanation:
The word, 'eudaimonia' means welfare or happiness. According to Aristotle, 'eudaimonia' is considered as the highest human good. It is the only human good which is desirable for one's own sake.
It means flouring and prosperity of the humans. It includes one or two virtuous action from where human derived happiness.
Thus the idea of all the chains of the pursuits of the goods terminate as they stands but not ends is incompatible with the idea of Eudaimonia of Aristotle.
True or False? San Antonio is the only place where Cinco de Mayo is celebrated.
Answer:
False
Explanation:
Cinco de Mayo is celebrated all around the world
Can some 1 please answer this
Answer:
2 this amendment list denied powers.
Explanation:
2 because in the first sentence it says "not delegated" so powers from the government and the people and 2 says DENIED powers so its admitting the fact of no and denied.
Members of the board of pardons and paroles are appointed to terms by the of Georgia.
The board can grant a pardon, which states that a prisoner a crime.
It also has the power to grant a parole to a prisoner’s sentence.
Answer:
1: seven-year
2:governor
3: will no longer be punished for
4: decrease
Explanation:
Answer:
1.c 2.c 3.a 4.b
Explanation:
How might supporters of the slave trade react to the ideas of the Enlightenment?
Answer:
Explanation:
Enlightenment thinkers argued that liberty was a natural human right and that reason and scientific knowledge—not the state or the church—were responsible for human progress. But Enlightenment reason also provided a rationale for slavery, based on a hierarchy of races.
Why is physical Abuse regarded as human rights violation
Answer: human rights instruments and institutions have only recently acknowledged domestic violence as a human rights violation, the right to life and to bodily integrity are core fundamental rights that are protected under international law.
Explanation:
One important characteristic of money is that it must be:
A. difficult to store and carry.
B. easily divided into smaller amounts.
C. the same for all countries.
D. available in unlimited amounts.
One important characteristic of money is that it must be easily divided into smaller amounts. Thus the correct answer is B.
What is Money?Money is referred any tangible object that is commonly accepted as an exchange for products and services as well as the cost of borrowing, such as taxes.
The value of money will be different from currency to currency, and it is difficult to store due to expenses incurred. The availability of money is not fixed.
Therefore, option B divisibility into a smaller ratio is the appropriate answer.
Learn more about Money, here:
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what is the number value of 5 in 345634
Answer:
5000 i believe
Explanation:
Tearing down the Berlin Wall was a symbol for the end of the _____________________.
A
freedom
B
the Soviet Union
C
World War II
D
communism
Answer:
D. Communism
Explanation: