Explain What Started the Financial Crisis That Started in 2006

question 1

Essay

Explain what started the financial crisis that started in 2006 and why it escalated on such a widespread scale.

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Definitions:

Avoidant Personality Disorder

A mental health condition characterized by a long-standing pattern of extreme sensitivity to rejection, social inhibition, and feelings of inadequacy.

Dysfunctional Beliefs

Negative and incorrect beliefs that are rigid, extreme, and not based on reality, often contributing to psychological distress.

Obsessive-Compulsive Personality Disorder

A personality disorder characterized by a pervasive pattern of preoccupation with orderliness, perfectionism, and control.

Developmental Disabilities

A diverse group of chronic conditions due to impaired physical, learning, language, or behavior development starting before adulthood.