The financial crisis meant that many people lost their jobs and/or homes. It left somepeople on the streets or in serious debt. Many banks crashed and the government had to pay to help some of the banks so they didn't pay for education and NHS as much as thay could've
Children born in the financial crisis are supposed to go to secondary school in September 2019. Because of the financial crisis they won't be able to have the same educational opportunities as they would have had if they were born at a different time. Is this fair?
Will people's lives be the same? Many people lost money in the financial crisis. Those who planning to move couldn't move, those who were planning to buy couldn't buy.
I have some questions for you:
1) Can you think of any reasons why the financial crisis was good? If so, what are they?
2) Do you think another financial crisis will happen ? Please explain when and why?
3) If you could summarise the financial crisis in 1 word what would it be?