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Borrower Beware

Format: DVD | Streaming | Download
Length: 11:00
Grade Level: 7-12+ | Price: $ 15.00
Closed Captioned:

Streaming/DVD: English

Caveat Emptor. Let the buyer borrower beware.

In 2008, home prices soared, but getting a loan was easy!

Unfortunately, many homebuyers ended up in over their head. Then the housing bubble popped.

Banks were in trouble. The American taxpayers, some of whom had lost their own homes in this crisis, were forced by the government to bail out the banks.

What caused this crisis that led to a massive financial meltdown known as the Great Recession? It all started with good intentions. And you know what they say about good intentions…

They can lead to some really bad outcomes.

Learn more about the Great Recession of 2008 and why borrowers should always beware.

Subject Areas

Business / Family & Consumer Science

Economics

U.S. History / Government & Civics

Topics

Government

Money/Finances

Regulations

Rule of Law

Unintended Consequences

United States

Keywords

Banking

Banking & Loans

Budgeting

Business Regulations

Crony Capitalism

Ethics

Financial Literacy

Individual Responsibility

Interest

Liabilities

Morality

Morality

Personal Responsibility

Reputation

Risk

Standard of Living

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