This assignment is an individual assignment. The Assignment must be submitted on

This assignment is an individual assignment.
The Assignment must be submitted only in WORD format via allocated folder.
Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well presented; marks may be reduced for poor presentation. This includes filling your information on the cover page.
Students must mention question number clearly in their answer.
Late submission will NOT be accepted.
Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
Submissions without this cover page will NOT be accepted.

Assignment Purposes/Learning Outcomes:

CLO 4: Compare and contrast the role of and function of organized financial markets and financial intermediaries.
Assignment questions: Total grade – 10 points

Write a critical analysis on the 2007-2009 financial crisis that had hit the United state financial market first and then severely affected other powerful economies of the world.
Include the following points in your writing.
Introduction of the crisis (2 points)
Major causes of the crisis (3 points)
Role of Federal Reserve in managing the crisis (3 points)
Conclusion (2 points)

Answers: