Examlex
If you know a particular art history professor who is very creative, you would predict that he or she also
Recession
A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.
Banking Crisis
A financial situation where banks face significant liquidity or solvency issues, leading to a lack of confidence and potential failure or government intervention.
Subprime Mortgages
Loans offered to individuals with poor credit scores at higher interest rates than conventional mortgages, contributing to the 2008 financial crisis.
Speculative Frenzy
A period marked by widespread excitement or irrational behavior among investors, leading to significant asset price volatility.
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