A look back at the 2008 financial crisis

A look back at the 2008 financial crisis

Assessment

Interactive Video

Social Studies, Business

10th Grade - University

Hard

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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.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the implications of rising interest rates during the subprime loan crisis?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the subprime loan crisis affect the US economy and global markets?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the consequences faced by major banks during the financial crisis?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures did the US government take in response to the financial crisis?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How did individuals adapt to the economic changes brought on by the crisis?

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