This 3-minute video lesson provides an introduction to credit default swaps and why they can be dangerous. [Core Finance playlist: Lesson 25 of 184]

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U.S. History is designed to meet the scope and sequence requirements of most introductory courses. The text provides a balanced approach to U.S. history, considering the people, events, and ideas that have shaped the United States from both the top down (politics, economics, diplomacy) and bottom up (eyewitness accounts, lived experience). U.S. History covers key forces that form the American experience, with particular attention to issues of race, class, and gender.Senior Contributing AuthorsP. Scott Corbett, Ventura CollegeVolker Janssen, California State University, FullertonJohn M. Lund, Keene State CollegeTodd Pfannestiel, Clarion UniversityPaul Vickery, Oral Roberts UniversitySylvie Waskiewicz

By the end of this section, you will be able to:

Discuss the Bush administration’s economic theories and tax policies, and their effects on the American economy
Explain how the federal government attempted to improve the American public education system
Describe the federal government’s response to Hurricane Katrina
Identify the causes of the Great Recession of 2008 and its effect on the average citizen