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Question: In 2008, the US economy experienced the worst economic downturn since the Great Depression. This recession was so bad that it was labeled ‘The Great Recession.' Many of you may have heard about the housing bubble and financial crisis. Watch these videos and read these articles about the Great Recession and then answer these questions.
1. Of the various reasons for the financial crisis, which ones do you think contributed the most to the financial collapse? Why?
2. Do you think that the government did enough to solve the crisis?
3. Do you think that the government has done enough to ensure that there will not be another one?
4. Should the government even intervene during crises or should it allow the economy to self-correct?
Information related to above question is enclosed below:
Attachment:- marc.rar
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