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Understanding the American Financial Credit Crisis


Understanding the American Financial Credit Crisis

Understanding the American Financial Credit Crisis

Learn more about the financial credit crisis in America.


Students: 520
Course Description

The recent financial credit crisis in America has profoundly affected not just the American economy but the global economy as a whole. The American economy is showing some signs of recovery recently but the standard of living for many Americans has decreased and will take several years to recover.
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This free online course reviews how the credit crisis started in America. The course will discuss how credit loans in America became easier to obtain, and how many people funded their lifestyle changes through these cheap credit loans. This in turn led to a housing bubble and when this housing bubble burst it adversely affected the wealth of many American citizens. The free course also reviews how the American government responded to the credit crisis by examining the bailout schemes for the American banking system implemented first by Hank Paulson and later by Timothy Geithner. This course will be of interest to all professionals in the housing, banking, finance and political sectors who would like to learn more about how the American financial credit crisis started and what its repercussions are, and to all learners who would like to understand the key factors which brought about the credit crisis and why it has adversely affected so many lives.

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Certification

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Learning Outcomes

Learning outcomes: - Understanding the key factors involved in causing the housing bubble; - Examine where financing when wrong and how it spiralled; - Learn how the credit crisis was dealt with in order to come about to normal practises again; - Gain a clearer concept of the credit crisis and its consequences.


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Module Title
Module 1: The Paulson Bailout
Module 2: The Geithner Plan
Module 3: American Financial Credit Crisis Assessment

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Background  
Course Rating (By Learners)
Course Title Understanding the American Financial Credit Crisis
Course # 451
Course Publisher Khan Academy
Course Category 2
Content Origin
Course Description  The recent financial credit crisis in America has profoundly affected not just the American economy but the global economy as a whole. The American economy is showing some signs of recovery recently but the standard of living for many Americans has decreased and will take several years to recover. This free online course reviews how the credit crisis started in America. The course will discuss how credit loans in America became easier to obtain, and how many people funded their lifestyle changes through these cheap credit loans. This in turn led to a housing bubble and when this housing bubble burst it adversely affected the wealth of many American citizens. The free course also reviews how the American government responded to the credit crisis by examining the bailout schemes for the American banking system implemented first by Hank Paulson and later by Timothy Geithner. This course will be of interest to all professionals in the housing, banking, finance and political sectors who would like to learn more about how the American financial credit crisis started and what its repercussions are, and to all learners who would like to understand the key factors which brought about the credit crisis and why it has adversely affected so many lives.
License  This course is available from Khan Academy OpenCourseWare through the following Creative Commons licence:
Creative Commons License
Release Date 29 June 2012
   
Content  
Course Duration (Avg Learner) 1-2 Hours
Video/Audio High
Audio Only High
Animation None
Assessments Yes
 
Education Level
Age appropriateness 18+ Years
Minimum Grade/Class Level Higher High Secondary School
 
Validation Level 5
ALISON Testing Yes
Certification Availability
PDF Download Yes
Parchment Yes
Framed Certification Yes
   
Merchandise Availability
Marketing Information
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Free, Online Understanding the American Financial Credit Crisis Course.