For this assignment, you will examine the steps taken to address the recession of 2007-2009, discuss how the Great Depression motivated the Fed’s response, and the long-term impact of these initiatives.
In the paper, address the four bulletin points below using at least 4 more scholarly articles or academic journals. The paper should have less than a 20% originality score and please correct grammatic errors.
- Explain some of the complications for those parties involved in fighting the recession of 2007-2009.
- Evaluate how the lessons of the Great Depression helped shape the Fed’s response to the financial crisis of 2007-2009. Include at least three examples in your evaluation.
- Describe those initiatives that may have unintended negative consequences in the long-run for the financial system.
- Explain how regulators and politicians can mitigate those negative consequences.
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