Economics in an important part of our lives that affects everything we do. With this essay, I try to define economics and its effects on everyday life by looking at the big example in hand, the Great Recession of late 2000s. I will identify the reasons behind the financial crisis and how did it affect the world; ultimately, I hope to explain what should we do to prevent another one from taking place.
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Kim, Hye Tae, "Examining the Great Recession: What Caused the Financial Crisis and How to Prevent the Next One" (2016). A with Honors Projects. 167.