English Dossier Miléna Gandroz 2A Cycle ICM What are the causes and the consequences of the global financial crisis of 2008? SOMMAIRE INTRODUCTION 3 WHY IT HAPPENED? 4 1. Deregulation policy 4 2. Securitization of mortgages 4 HOW IT HAPPENED? 6 1. The subprime crisis 6 2. The financial crisis 6 WHAT ARE THE CONSEQUENCES? 7 1. In the financial sector 7 2. In the United States 8 3. Abroad 8 WHAT IS HAPPENING NOW? 8 1. Some things are changing 8
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Analyze the causes and consequences of World War 1. Europe avoided major wars in the 100 years before World War 1 began. In the 1800 ’s‚ an idea swept across the continent that helped bring about the Great War. Many historians argue that there are many causes of the first World War some of which are not disclosed to the wider population. However‚ the main causes of World War I‚ which began in central Europe in late July 1914‚ included many factors‚ such as the conflicts and hostility between the
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On December 16th 1773 in Boston‚ Massachusetts‚ Bostonians led by Samuel Adams disguised themselves as Indians‚ boarded 3 British ships and dumped their cargo of tea into the harbour. The causes that led up to this event included the Townshend Act‚ the Boston Massacre‚ Taxation without Representation and economy. This event in history heavily impacted the future of the American colonies. As a direct result the British were angry and brought forth the Intolerable Acts which led to the American Revolution
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The causes and consequences of rural to urban migration. In many countries‚ particularly in third world countries there is a noticeable pattern of rural to urban migration. This pattern of migration is not a new phenomenon. There are various reasons for its occurrence and these reasons may vary from country to country and over periods of time. The consequences of this type of migration however have similar results for different countries and over periods of time. One cause of rural to urban migration
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war‚ a war that had assembled the largest number of troops ever‚ was caused by more than a hundred years of rivalry between the two countries‚ had several consequences on the British Empire‚ and impacted the colonies greatly. When the fire of the French and Indian war was blown out‚ another match was dropped‚ starting another war. The main causes of the French and Indian war also known as the Seven Years war‚ was due to the constant hostility of the two large Empires. Although peace was kept surprisingly
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Asia-Pacific Development Journal Vol. 7‚ No. 2‚ December 2000 CORRUPTION: CAUSES‚ CONSEQUENCES AND CURES U Myint* The paper stresses the need to keep the issue of corruption squarely in view in the development agenda. It discusses the causes and consequences of corruption‚ especially in the context of a least developed country with considerable regulation and central direction. Lack of transparency‚ accountability and consistency‚ as well as institutional weaknesses such as in the legislative
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AN OUNCE OF CURE Summary In the story “An Ounce of Cure” By Alice Munro‚ the narrator is unnamed and speaks in first person. The story follows the life of a teenage girl going through a “mid-life” teenage crisis. The setting is a very conservative southern town in the 1960’s‚ where it is considered taboo to consume alcohol. Almost nobody consumed alcohol in the teen’s town. The narrator signed an abstinence pledge in the seventh grade. As for her parents‚ her father would drink a beer on a hot
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of untouched coal reserves need to be tapped and generated soon. Moreover other causes of energy crisis in country are cost of fuel‚as price of crued oil has increased from $40 to $140 a barrel also Population explosion is another cause adding monopoly manipulation‚bottlenecks at oil refineries lack of energy conservation policy further causing trouble.It is said that every action has a reaction therefore causes of energy crisis has several consequences.on one hand economic setbacks for instance
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The Journey for the Cure It was half past three in the afternoon when Mrs. Ava Kelly was strolling down the sunny village path‚ lined with shops back to her home. When she walked past a seemingly run-down building with the molding‚ cracked door wide open‚ Ava grew curious‚ so she looked into the cracked window pane of the old wooden shack. She only saw a dark hallway with some old chairs against the walls‚ so she went in to look around. All of a sudden‚ she heard a loud “What are you doing in my
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The inauguration of Hitler as Fuhrer in 1934 sparked a change in the German state as Hitler was able to put his ideals into action‚ bringing tragedy and destruction to the world once again. A springboard for Hitler’s rise to power was created by the Weakness of the Weimar Government‚ coupled with the conditions created by the Great Depression and Hitler’s own steps to power. Hitler’s ascension to sole leader of the Third Reich is rooted in the experiences of the German people. The implementation
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