CCSS3 Unit 9 Overview of the Spanish Economy

Here is the class handout titled "An Overview of the Spanish Economy 2012"

https://www.dropbox.com/s/geo5ctyhxb3pk8s/CCSS3%20Spanish%20economy%20handout.pdf?dl=0

And here are the questions we answered in class:

CCSS3 UNIT 9 QUESTIONS ON OVERVIEW OF THE SPANISH ECONOMY 2012

1.      What was “Thw Spanish Miracle”?

2.      Why was the success of Spain’s economy unstable?

3.      What is real-estate?

4.      What is a housing bubble?

5.      What caused the Spanish housing bubble?

6.      What was the housing bubble “overshadowing”?

7.      What happened as a result of massive investment in Spain´s real estate bubble?

8.      Who provided funds to recapitalize Spanish banks? (DEFINITION of 'Recapitalization': Restructuring a company's debt and equity mixture, most often with the aim of making a company's capital structure more stable. Essentially, the process involves the exchange of one form of financing for another, such as removing preferred shares from the company's capital structure and replacing them with bonds.-investopedia.com)

9.      Complete: The ________ pledged to buy Spanish government bonds under certain ______.

10.   Why did they do that?

11.   Which regions of Spain applied for rescue funds in summer 2012?

12.   What are Spain´s major trading partners?

13.   What sector accounts for more than half of Spain´s GDP?

14.   What did the World Bank´s Doing Business Report of 2012 say about Spain?