Economics
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Boundless Economics
Economic Crises
Economics Textbooks Boundless Economics Economic Crises
Economics Textbooks Boundless Economics
Economics Textbooks
Economics

Section 2

The 2007-2009 Crisis

Book Version 3
By Boundless
Boundless Economics
Economics
by Boundless
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Causes and Immediate Impacts of the Crisis

Banks, consumers, and the government all contributed to improper borrowing and lending, which in turn created a downward spiraling economy.

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Recovery

The objective of economic recovery when in crisis is to stabilize the economy and recapture the value lost using economic stimulus strategies.

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Global Impacts

The 2007-2009 economic collapse was damaging not only to the U.S. but also global markets, driving the global economy into recession.

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