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  • Global financial crisis explained

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    Ivana Jurić
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    The document discusses key terms related to the global financial crisis of 2007-2008. It led to an economic crash due to a credit crunch and rising housing foreclosures as the housing bubble burst. Countries experienced high inflation and entered a recession, with many implementing stimulus or austerity measures to deal with the crisis and its aftermath. The crisis increased economic inequality and left many with a smaller share of prosperity.

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    Global-financial-crisis-vocabulary-2018.pdf

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    The document discusses key terms related to the global financial crisis of 2007-2008. It led to an economic crash due to a credit crunch and rising housing foreclosures as the housing bubble burst. Countries experienced high inflation and entered a recession, with many implementing stimulus or austerity measures to deal with the crisis and its aftermath. The crisis increased economic inequality and left many with a smaller share of prosperity.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    130 views2 pages

    Global financial crisis explained

    Uploaded by

    Ivana Jurić
    The document discusses key terms related to the global financial crisis of 2007-2008. It led to an economic crash due to a credit crunch and rising housing foreclosures as the housing bubble burst. Countries experienced high inflation and entered a recession, with many implementing stimulus or austerity measures to deal with the crisis and its aftermath. The crisis increased economic inequality and left many with a smaller share of prosperity.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    Global financial crisis eslflow.

    com

    economic crash

    14 __________________ 1________________________
    ut cred
    ilo it cru
    ba nch
    t
    a rke
    arm
    be
    stimu cut spending
    lus

    rity
    auste
    sion 2__________________
    13 __________________ reces

    ion
    credit card debt inflat

    it forec
    p os losur
    de e
    bankrupt
    t 3__________________
    a rke ali
    ty
    rm
    a eq
    u
    be in
    12 __________________ econ
    omic
    bubb
    le GFC

    smal
    ler p
    of th iece
    e pie
    4__________________
    11 __________________

    5__________________
    10 __________________

    8__________________

    9__________________ 7__________________ 6 __________________


    Global financial crisis vocabulary answers

    1 inflation
    2 foreclosure
    3 GFC
    4 bailout
    5 credit card debt
    6 credit crunch
    7 recession
    8 economic crash
    9 stimulus
    10 austerity
    11 economic bubble
    12 bear market
    13 inequality
    14 smaller piece of the pie

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