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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Academic Writing-Cause and Effect

Academic Writing-Cause and Effect

Q Write a draft of a 500-word Narrative Essay. Make sure to incorporate all the narrative elements from the readings: orientation, climax, resolution, dialogue, and purpose. Write about something you are familiar with, and do not use outside sources. Submit the draft of your Narrative Essay to Smarthinking no later than Sunday 11:59 PM EST/EDT. Smarthinking can be accessed by clicking the link under Start Here. NOTE: When you submit your essay, you need to let them know it is a narrative essay. The tutors need to know it is an essay, not a paragraph, and which kind of essay you are submitting. During Module 3, you submitted a draft of your Cause and Effect Essay. After making necessary revisions, submit the final version of your Cause and Effect Essay, along with the tutor's comments, to the Assignment box no later than Sunday 11:59 PM EST/EDT. (This Assignment box may be linked to Turnitin.)

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In 2008, the federal reserve reported that the United States was in a financial crisis that was one of the worst in history in which was titled “The Great Recession.” Recessions are common in the United States and happen within a 20-year timeframe that generally affects the middle class as well as the poor. The recession of 2008 was such an important timeframe because it marked the end of banking as we know it and completely changed the economy. The conventional lending industry which are financial institutions such as JP Morgan Chase, Washington Mutual Bank, Royal Bank of Scotland, Freddie Mac, Fannie Mae and many others, were under a huge crisis and many went out of business.