Financial Crisis of 2007 and 2008 Essay
Financial, Crisis, 2007, 2008, Essay
Write a cause-and-effect essay.
Write a 650 minimum essay in line with the lesson of Cause and Effect. Remember to stay within the guidelines of our syllabus. Remember: Keep all writing in third-person format!
To write a cause-and-effect essay, you’ll need to determine a scenario in which one action or event caused certain effects to occur. Then, explain what took place and why! This essay allows us to identify patterns and explain why things turned out the way that they did.
How do I choose a topic and get started? Try choosing a major event, either in your own life or an event of historical significance. For example, The Great Depression. Cause of The Great Depression: stock market crash How would we elaborate?
We’d discuss the behaviors, carelessness, errors, and even cultural attitudes that led to the crash—explaining why it was devastating. Effects of the Great Depression: joblessness & poverty What should we say about the effects?
Businesses went under—explain HOW the crash caused this Describe poverty in detail—explain how this could’ve been handled more efficiently or even avoided Narrowing a Large Topic
In a short essay, it might be difficult to tackle the cause and all of the many effects of a big event like the Great Depression. To narrow a cause-and-effect topic down to a manageable size, ask yourself…
What’s the main (most important) cause? Most people attribute it to the stock market crash, so that’s a good place to start.
Can I break the different types of effects down into categories? Yes! I’ll break my ideas down into categories like: economic, social, employment, practical, and morale effects. (Example below)
Which category interests me the most? “Practical effects” is the most interesting. I’ll narrow the topic of my paper down so that my essay will now be about how the stock market crash affected the practical ways that people lived their lives during the Great Depression.
Can that category be broken down even further to make the topic more manageable? I’m actually interested in the ways that the Great Depression affected the farming industry. I want to talk about the new skills and methods that farmers were forced to learn and implement, as a result of their difficult situation.
Narrowing a Large Topic – Example
Can I break the different types of effects down into categories? Yes! I’ll break my ideas down into categories like: economic, social, employment, practical, and morale effects.
Economic Social Employment Practical Morale money loses value poverty increases jobs eliminated public resourcefulness increases low self-esteem companies lose value homelessness increases employers pay lower wages farming techniques change men emasculated by job loss banks lose the public’s trust orphanages fill up forced to work longer hours public wastes less, finds creative ways to save patriotism declines