WHY DID THE FINANCIAL CRISIS OCCUR UPON THE UK?

FeaturedImage_FinancialCrisis_2.jpg

THE FINANCIAL CRISIS?

What is it?

The financial crisis was a notorious event that made a lot of people frustrated. Many of the affected could not afford rent and it was hard to provide food for children especially with those who lived in big groups.This did not only happen once but quite a few times around the world.It is basically a situation in when many of the currency of a peticular country has misunderstandingly gone to a lost.Many Financial crises are associated with banking panics and a misplace with the average amount provided.

When was it?

The financial crisis appeared in 2008(around 10 years ago)and in 2009 the british economy was around 5.5% under its normal peak. Many employed people were payed less and people like bankers,members of government and businessmen were given a hard time to figure out people's problems.

Comments (0)

You must be logged in to post a comment