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Case Study: Understanding the causes and consequences of major global financial crises has become crucial in the context of financial markets and institutions. These crises
Case Study: Understanding the causes and consequences of major global financial crises has become crucial in the context of financial markets and institutions. These crises have had significant impacts on economies worldwide. Among the following notable global crises chose any one and give the answer with justifications and figures in your own words and references: - The Tulip Mania of 1636-37 The South Sea Bubble of 1720 The Wall Street Crash of 1929 The Asian Financial Crisis of 1997-98 The Dot-Com Bubble of 2000 The Global Financial Crisis 2007-2008 You are required to delve into its causes and consequences, gaining insights that prove your understanding of financial markets and institutions by answering the followings: - Q1. What was the nature and scope of this crisis? Where did it originate? L03: K-PA [2 mark] Q2. What were the causes of the crisis? Who were the main contributors to the crisis? L05: S-A [2 mark] Q3: What were the major consequences of this crisis? L06: S-PS [2 marks] Q4: What remedial steps were taken by various governments and banks to overcome the crisis. What are your suggestions to prevent, overcome or mitigate such crises in future? L07: S-C [2 marks] Q5. What specific aspects of this assignment you learnt or information you gathered from the textbook? L08: C-R [2 marks]
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