I will need 2 Responses to the following DB Posts – BUSN 320
Two (2) response posts ranging from 75-125 words
Posts to respond too are attached below
This weeks study ———–
We learn this week that businesses, banks, and the federal, state and local governments rely on the ability to access funding to expand and pay its bills. In an initial post of 300 words or less, what were some of the issues that started in 2007 and later on became the great economic crisis and how could it have been avoided. See the timeline of events here. How does 1 Corinthians 9 6-7 reflect on us in being good stewards?
https://fraser.stlouisfed.org/timeline/financial-c…
Read: Block & Hirt, Chapters 14 – 15
Block, S.B.; Hirt, G.A. & Danielsen B.R. (2016). Foundations of Financial Management. New York: McGraw-Hill 16thEditio
Solution Preview
The Financial Crisis
There are numerous reasons which are attributed to the financial crisis reported in 2007. The manifestation of the first sign of the crisis was recorded in 2006 when the prices of housing dropped significantly. This state was expected to be restored to its original form. It was not apparent that a good number of homeowners had disputed credit.
(500 words)