A look back at the 2008 financial crisis

The video discusses the subprime loan crisis in the US, where risky mortgage investments led to a financial meltdown. Major banks like Lehman Brothers collapsed, causing global market panic and government interventions. The crisis had widespread economic impacts, with millions facing job losses and lifestyle changes. The future recovery remains uncertain.

What was a major factor that led to the subprime loan meltdown in the United States?

• Technological advancements

• High unemployment rates

• Speculation on bad mortgages

• Government regulations

Which major financial institution's collapse marked the largest bankruptcy in U.S. history during the crisis?

• Goldman Sachs

• Lehman Brothers

• Morgan Stanley

• JPMorgan Chase

What was one of the immediate effects on global stock markets following the financial panic?

• A significant increase in stock prices

• A rise in new investments

• A historical downturn

• Stability in market values

How many people worldwide were estimated to potentially lose their jobs in 2009 due to the crisis?

• 20 million

• 15 million

• 25 million

• 10 million

What economic challenge did Asian countries face as a result of the crisis?

• Surplus in exports

• Increased demand from the West

• Rise in foreign investments

• Severe drop in demand from the West