PART 1
Use Ideas and Coordination in Policymaking: The Financial Crisis of 2007–2009 and Financial Crisis 2007-2009” rel=”noopener”>Political Economy of the U.S. Financial Crisis 2007-2009 (Links to an external site.) articles.
Generalize how financial crises lead to changes in regulations that, in turn, lead to innovations among financial firms and then additional regulations.
PART 2
Financial Recession Crisis
Read Ideas and Coordination in Policymaking: The Financial Crisis of 2007–2009 and Political Economy of the U.S. Financial Crisis 2007-2009 (Links to an external site.) articles.
Analyze why the effects of financial crises extend beyond the financial system.
Hypothesize why the recovery from a recession caused by a financial crisis is generally slower than the recovery following a typical recession.
Do the actions taken by the Federal Reserve (the Fed) impact the recovery?
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