2007 Housing Crisis

Discuss what regions were hit the least, the hardest and which are recovering the fastest and slowest. Explain why it happened and discuss how the government is trying to make sure it doesn’t happen again. Use the following headings to write the paper.

Explanation of Topic: Clearly state the purpose of writing the paper and identify the topic or issue.

Assumptions: Include information from reliable scientific sources and clearly state the opinion of the authors of the research. Include two economists’ opposing views. Did the results lend itself to unbiased results?

Student’s Position: State position explain if position changed after more research and what data influenced this change.

Interpretation: Explain the significance of the research as it pertains to Macroeconomics. Identify any gaps in the research. Was there insufficient data to ideally make a strong position one way or other other?

Readers Voice: Final conclusions. If you were a world leader, what policy would you implement to maintain a strong economic outcome?

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