According to erikson, young adults first face which of the following crises? - mine, not
The financial crisis of — , also known as the global financial crisis GFC , was a severe worldwide financial crisis. Excessive risk-taking by banks, [1] combined with the bursting of the United States housing bubble , caused the values of securities tied to U. The crisis sparked the Great Recession , which, at the time, was the most severe global recession since the Great Depression. Lack of investor confidence in bank solvency and declines in credit availability led to plummeting stock and commodity prices in late and early Several businesses failed. The average hours per work week declined to 33, the lowest level since the government began collecting the data in The economic crisis started in the U. Toxic securities were owned by corporate and institutional investors globally. Derivatives such as credit default swaps also increased the linkage between large financial institutions. according to eriksonExam (elaborations)
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I apologise, but, in my opinion, you commit an error. I suggest it to discuss.