How has the Financial crisis 2007 affected the Economy?

Q1. How has thе Fіnanсial Crisis (2007- ) affected the Economy?
Q2. Has a break-down in market discipline played a role in the
triggering of the financial crisis?
As you can see these are the two questions that have to be answered in the essay. BUT not to be as 2 separate questions they have to link to each other forming a proper essay. The files attached will be the guideline of the essay and a bibliography of Sowerbutts and Zimmerman which will be helpful answering question 2.

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