financial crisis in an advanced economy discussion

Answer the questions completely


1) Identify and describe the three stages of a financial crisis in an advanced economy and explain why they can cause economic activity to decline.

2) Identify and describe the stages in regards to the great depression.

3) Identify and describe the stages in regards to the financial recession of 2008.

((((NOTE))))

2-4 sentences for each question.

No References needed

USE OWN WORDS