What was a major cause of the us recession that began in 2008? defaults on mortgages for homes consumers not buying new homes damage from hurricane katrina a rise in the american stock market

The correct answer is: "defaults on mortgages for homes"

Loans had been freely dispensed by financial entities to particular individuals without collateral requirements encouraged by the low interest rates existing at those times. These were denominated subprime mortgages. Subsequently, financial institutions conducted securitization, which is a process that consists on pooling those subprime loans together and creating new financial instruments called mortgage-backed securities, that were sold to third parties that would bear the loan.

When mortgage defaults started to flourish, a worlwide financial crisis arose as not only the banking sectors but many different type of investors all over the world were affected by the non-payments and by the busting of the housing bubble.

The answer is A

Explanation:

the correct answer is "c: merchants" and "e. soldiers".

the song dynasty was known as the first government in the world to introduce paper currency. it was also the first chinese government which established a permanent standing navy. finally, the first compass was introduced during this period of government.

all of these innovations heavily affected commerce in a positive way. printed money dynamize commerce within the borders of the empire due to an easier way to quantify value during the trade. the introduction of the compass trade routes to be faster. finally, the introduction of a standing navy regulate trade routes.

regarding military affairs, gunpowder was created during this period. this was a tremendous improvement that was widely utilized by the military in order to innovate in the manufacturing of weapons.

when studying cause and effect, historians usually group the causes into different categories. for example, cultural causes reflect how a society’s literature and art convey the way the society saw itself in relation to the rest of the world. another resource that historians use to understand society is pop culture, which tells them the trends and ideas that are preferred by the common people. when studying cause and effect, it’s important to remember multiple causation, or the idea that an effect could have several causes and vice versa.  

the correct option is “cultural causes” since art and literature are related to the culture of a place. culture is determined by literature, art, music.

the correct option is “pop culture” since it reflects the likes and ideas of common people whereas the rest of the options do not focus on common people.  

the correct option is “multiple causation” since it refers to the idea that events are caused by multiple reasons, not just a single one.