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Explain what changes the government made due to the savings

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Reference no: EM132462381 , Length: word count :-700

Introduction:

  • Government is often slow to recognize a problem, but after a crisis has presented itself, it often enacts new laws, rules, and regulations to insure that the same type of crisis never happens again. In this Assignment, you will look at the financial crisis of 2008 and will report on what the government did to insure that another market recession like this one will never happen again.
  • Previously you explored past financial crises and the impact government intervention played in each. Now you will do some research and respond to the checklist items.

Question 1: Explain what changes the government made due to the savings and loan crisis in the 1980's, and the financial crises precipitated by the burst of the housing bubble of 2008. Explain how the crises affected you and/or others living in the U.S.

Question 2: Discuss the various laws that were enacted since the crises and explain the effect of these laws.

You may use a few short citations. Be sure to cite those sources using APA citation style and including them in the separate APA formatted references page.

Reference no: EM132462381

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