EFFECTS OF 2008 FINANCIAL CRISIS IN UNITED KINGDOM

Topic 

EFFECTS OF 2008 FINANCIAL CRISIS IN UNITED KINGDOM

Instructions 

Essay Title:

How did the 2008 Financial Crisis affect the UK

Requirements:

  1. Use secondary research only (no primary).

Answer Preview

Effects of the 2008 financial crisis on the UK economy can be notable from exploration of the changes that occurred in the country’s Gross Domestic Product (GDP), the market, and the citizens. A comparative study is conducted based on the continued changes notable from quarters to full fiscal years over certain periods in this paper. Ways in which the GDP had been affected are relative to the global stance. In exploring the effects of the financial crisis on the UK citizens, the main areas of consideration include the effects of asset price fall to the Britons aged 50-and-above, the Level of Confidence among the Citizens, and Employment Issues that emerged due to the striking of the recession. Finally, all affected areas of the UK market are explored in relation to the escalation of financial crisis extremities.

Word Count: 3500