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Understanding the Great Recession

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Fill in key concepts from the recession story.

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Understanding the Great Recession
 

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Understanding the Great RecessionOnline version

Fill in key concepts from the recession story.

by Emilie Bruneau
1

Why the great recession ? The , the Spring 2000 tech bubble burst , and government actions . rose with a belief they always go up , while opened credit . carried high fees and ; initially low interest kept demand high , then borrowers could not afford repayments . Investors bought ___ backed securities , defaults spread losses . separated banking ; banks grew too big to fail and required government help . The response included ___ , , and , but not all benefited .

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