Analyze the underlining fiscal and monetary policies leading up to, during, and after the Great Recession.
For this assignment, assume the role of an economic advisor to Steve Forbes. Using this week’s required resources as well as at least two additional credible resources, prepare an 8-10 slide audio presentation highlighting the causes and responses to the Great Recession.
Specific questions to consider in your presentation:
What caused to the Great Recession of 2008-2009? Address any monetary and fiscal policies that played a role before, during, and after the recession.
Has the crisis changed the structure of the U.S. economy?
Could a similar recession happen in the future, why or why not? Provide supporting facts for your opinions.
What economic advice would you offer to steer the economy away from such a deep and long recession?
In this presentation,
Hypothesize two to three causes of the Great Recession.
Analyze the underlining fiscal and monetary policies leading up to, during, and after the Great Recession.
Conclude on any changes in the U.S. economy from the Great Recession as well as any future recession possibilities of this magnitude.
Propose a minimum of three economic policies and actions to avoid future recessions.