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After decades of the eclipse in industrially advanced countries, monetary policy re-emerged as a potent instrument of economic policy in the fight against inflation

Many consider art as an important part of society well as an expression of its culture. They think that it is important for children to be taught art. While some people think that children should be encouraged to focus on other subjects than art. What do you think? Use your ideas, knowledge, and experience to support your arguments with examples and relevant evidences.

Which financial crisis was indicated in the paragraph?

What were the root causes of the crisis?

How acute were the pressures on the financial markets due to the crisis?

What was the impact of this crisis on corporations?