Hi. Im 15, but do have an interest in Economics, and have a very vague idea of the topic. (I do understand basic things like supply+demand, interest rates, inflation...)
Would someone please be able to explain why the Northern Rock Crisis occured, and exactly what this means? I'm sorry if I do sound naive, but - well any business section in the newspaper is too full of jargon for me to properly understand.
Please just relate this to the British Economy, and the credit crunch....
Thank you for this - I really want to understand and I have to start off somewhere!!!
2007-11-29
09:33:42
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7 answers
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asked by
ღ♥ღ latoya
4