Write a Main Idea for the Paragraph Below.?
Banks had invested heavily in the stock market, so they lost heavily when the market crashed. Banks had also lent their customers money to buy stocks on margin. Now those customers were unable to pay back their loans. Some banks went out of business. People who deposited their life savings in those banks lost everything.
Suggestion:
Banks and their functions and importance in society today.
or
Banks and their role in the stock market.
{ 1 comment… read it below or add one }
Catastrophe
Toxic Debt
Economic Instability
Disaster Management
Sub Prime
Poor Executive Decisions
Hope any of these help!
Jace