Two Professors on the Economy

Two Professors on the Economy - Karen Zhu Professor Hyclak...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Karen Zhu Professor Hyclak One of the main topics of the presentation was the recent problems with the economy, including the most recent recession. As Professor Hyclak covered, there are a variety of reasons and factors as to why the United States in particular faced the recent economic recession. One of the biggest reasons was the real estate market crash, subprime mortgage loans, and credit default swaps. Many people believed that the irresponsible lending of large banks and investment firms were to blame. Not only did these major factors contribute to the recession, consumer behavior
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 02/09/2012 for the course ACCT 151 taught by Professor Brown during the Spring '11 term at Cuyahoga CC.

Ask a homework question - tutors are online