Friday, 19 March 2010

Open Question: Economis GCSE. Learning my source 1 of my case study. Any help on answering my questions? =-)?

Explain Economic Success and what are the indicators? Explain “Economic Conditions began to change”? What is meant by credit? What are Interest Rates? What is meant by “Default on Mortgage Payments”? What is a Mortgage? Explain what is meant by the “sub-prime” market? What are “Credit Histories and Low incomes”? What is meant by a “Global Problem”? Explain “Buy to let” and the “Property Ladder” What is meant by “ Risky Business Activities”? Explain Paragraph quaternary in detail. Who utilised to possess the ‘Northern Rock’? Who runs the ‘Bank of England’? Give digit function of the ‘Bank of England’? Why did customers stop their savings from the banks? What is meant by “Nationalisation”? Give three reasons ground a government may nationalise an Industry? Give examples of High Street Banks? How do High Street phytologist attain a profit? Explain the mass sentence... “The deposit also accumulated the indorse boundary to £50,000 for slope depositors, if their slope collapses”? How does “Cheap Credit” support to “finance spending”? How could debt be 180% of useable income? Explain the “Citizens Advice Bureau” discussion on the drive of the assign crunch? Some people blessed the FSA. Why?
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