The Global Recession and Financial Crisis That Began in 2008

question 2

True/False

The global recession and financial crisis that began in 2008 arose largely from inadequate regulation and insufficient enforcement of current regulations in the banking and finance sectors.

---

Definitions:

Stagnate

To stop developing, progressing, or advancing; to become static or stale.

Creativity

Generates unique and novel responses to problems.

Process

A series of actions or steps taken in order to achieve a particular end.

Structural Adaptation

Adjustments an organization makes to its structure in response to internal or external changes affecting its efficiency or effectiveness.