subject: 3.My Essay Help Custom Essay Help Service Provider, Financial Crisis [print this page] The world essays has become an extremely small place and the impact of an event in one place is greatly affecting the complete planet. The subprime crisis was one such economic assignment help event. The U.S mortgage market faced a fall down due to the failure and end of the process of securitization. This impacted eh complete financial market and led to an economic assignment help failure of a number of firms as well as businesses. People were no longer blessed with the economic assignment help boom (Kydland, 1997).
The house loan bubble burst and some of the banks declared bankruptcy, where as some of them were reformed by the U.S.A government. The stock market tumbled down and this greatly affected a number of business firms. The money invested in other countries in the form of FDIs and FIIs was called back in order to enrich the economy essay help , thus slowing down the growth and economic assignment help progress of those nations as well and affecting their stock markets essay help as well. This led to the economy essay help slowly being restored, yet it happened at a very slow pace. The economic assignment help slowdown has resulted in a deceleration of economic assignment help growth of a number of economies, thus impacting the lives of every individual. This situation is worsened by several other economic assignment help factors like economic assignment help slowdown and inflation. These result in an increase in the price of commodities and leads to lowering of the standard of living of all the people (Porter, M. E. 1992).
Finance essay help is a key input of production, distribution and development. It is a pre-requisite for accelerating the process of industrial development. A growing economy essay help needs essay help the support of a financial structure which is responsive to the needs of development. In America, in the process of financial assistance, commercial banks have shouldered special responsibilities for meeting the financial needs of diverse sectors of the economy essay help . As there is disruption in this domain it affects all other sectors in the economy essay help as well (Kalecki, 1997).