The Great recession in 2007-2009 was particularly strong because it was a recession (economic activity slowed) and a financial crisis (banks stopped lending money) both at the same time. (this coronavirus Recession is pretty bad, too but we don't have a financial crisis, mostly an economic/health crisis though a financial crisis is possible if oil prices stay too low, oil companies go bankrupt and banks that lent money to them go bankrupt, too. That's possible but I'm optimistic. Banks are much better capitalized (they have a bigger rainy day fund) now than they were ten years ago)

They should be small paragraphs.

1. What are some fiscal policies that were enacted to resolve the crisis?

2. What were some monetary policies that were enacted to resolve the crisis