2008

Case and Blackwell (2008) provide a thorough description of the 2004 update of the Strong Interest Inventory (SII), its practical application, technical evaluation, reliability, validity, and its strengths and weaknesses. Therefore, providing counselors with the necessary information to assist them in determining if the inventory is appropriate to the population they serve. Originally developed in 1927 by E. K Strong, the SII was revised in 2004 to make it more efficient and broaden the areas…

Since the Great Depression that originating in the United States during the period of 1930’s, the financial crisis happened in 2008 became the harshest financial event and had reshaped the world in finance and investment banking. The global economic crises started in 2007 with credit squeeze causes the United States investors have loss confident in sub-prime mortgages which lead to liquidity crises. As a result, the US Federal Bank interjects a lump sum of capital into financial market. The…

The 2008 meltdown had taught lessons to essential market actors, such as banks, governments and nations worldwide of interconnected actions and following consequences of financial hardships. The introduction of Emergency Economic Stabilization Act of 2008 and the fact of actually surviving the meltdown had slowly earned back Americans’ trust in real estate market investments as of today. Real estate seems to be a great method for people to invest their money in until obtaining an ownership or…

to say about taxes and the economy, this also steamed up some questions without truthful answers. In the 2008 debate, Obama reaction to handling taxes is similar to Clintons point of view. He as well wants to lower taxes on those who need taxes to be lowered; including the small businesses and the middle class. “So my attitude is we’ve got to grow the economy from the bottom up” (Obama, 2008).…

In 2008, not only the United States, but the entire world suffered what was believed to be the worst financial crisis since the Great Depression. The stock market crash pushed the world towards an economic downturn and sent everyone into panic. The housing market, which is a backbone of the American economy, had been overlooked. Although the market crash is one of the most influential events in history, the cause of the devastation is still the subject of much debate. Even today, people are…

During the housing market crash of 2008, many people lost their homes due to defaults on their mortgages. This incident derived from the greediness of bankers—wanting to profit as much as possible by overlooking key lending requirements—but when the crash happened, poor people and immigrants became the scapegoats. This added to the already bad reputation of these two groups in the United States. It was during this time that Ryan Zhang immigrated to America. Arriving at a tumultuous time, Ryan…

The Summer of 2008 We have all been curious before; whether it was about a small ladybug on your window or a rocket ship in outer space. Sometimes it’s best to not let your curiosity get the best of you because in the end, if you let yourself be curious, you might end up putting yourself or others in danger. The sky coated itself in dark lavender on this particular hot, summer day, so anyone would immediately know it was going to start pouring. My mother, though, thought it was a perfect day to…

Since the 2008 financial crisis, the general public has received a crash course in economics. Terms such as, “sub-prime,” “credit default swap,” and, “confidence” have been injected into the common vernacular. While the sub-prime mortgages and credit default swaps that contributed to the crisis are now often spoken about in the past tense, “confidence” continues to be at the forefront of economic discussion. This August, Bank of Canada Governor Mark Carney spoke of Canadian companies sitting…

There were several causes of the Great Recession of 2008 and major problems that resulted from it such as businesses failing or needing to be bailed out by the Government. The Great Recession of 2008 also cause many other problems. The start of the financial crisis started in 2007 when sub-prime mortgages began to increase. The Federal Reserve flooded the markets with money trying to reduce interest rates, but that failed along with the value of the dollar. They also providing assistance in…

Many people blame the 2008 financial crisis on the financial industry. Is that true? Does the financial industry really responsible for the 2008 financial crisis? I argue no. I believe that it was caused by something larger. I believe that it was by the system of capitalism that America so wholeheartedly embraces. Capitalism allows for people to strive to obtain as much profit as possible, and it also allows for a cycle of economic prosperity and downturn; both if which will be addressed in this…