1. According to the authors of the textbook, and the video, please identify and explain two lessons we have learned from the economic downturn of 2008.

https://www.youtube.com/watch?v=fXkeh8jiMdk#action=share

2. Name 2 principles of finance (from the ten principles of personal finance listed in chapter 1) were many Americans attention to right before the crisis?

The textbook is Personal Finance Eight

Chapter 1