In a two- to three-page paper (excluding the title and references pages):
• Explain why the savings and loan crisis did not occur until the 1980s.
• Explain why a financial crisis surfaced again in 2008 and if it was due to the same problems or a different reason.
• State the number of foreclosures during 2010, and explain why the situation did not devastate the banking industry as it did during the 1929 Great Depression.
• Explain the role moral hazard took in initiating the foreclosure crisis.
Description:
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• Total Possible Score: 7.00
• Explains Why the Savings and Loan Crisis Did Not Occur Until the 1980s
• Total: 1.25
• Distinguished – Accurately and thoroughly explains why the savings and loan crisis did not occur until the 1980s.
• Proficient – Accurately explains why the savings and loan crisis did not occur until the 1980s. Minor details are missing.
• Basic – Explains why the savings and loan crisis did not occur until the 1980s. There are few inaccuracies and/or relevant details are missing.
• Below Expectations – Attempts to explain why the savings and loan crisis did not occur until the 1980s; however, there are many inaccuracies and significant details are missing.
• Non-Performance – The explanation of why the savings and loan crisis did not occur until the 1980s is either nonexistent or lacks the components described in the assignment instructions.
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• Explains Why a Financial Crisis Surfaced Again in 2008 and If It Was Due to the Same Problems or a Different Reason
• Total: 1.25
• Distinguished – Thoroughly explains why a financial crisis surfaced again in 2008 and if it was due to the same problems or a different reason.
• Proficient – Explains why a financial crisis surfaced again in 2008 and if it was due to the same problems or a different reason. Minor details are missing.
• Basic – Partially explains why a financial crisis surfaced again in 2008 and if it was due to the same problems or a different reason. Relevant details are missing.
• Below Expectations – Attempts to explain why a financial crisis surfaced again in 2008 and if it was due to the same problems or a different reason; however, significant details are missing.
• Non-Performance – The explanation for why a financial crisis surfaced again in 2008 and if it was due to the same problems or a different reason is either nonexistent or lacks the components described in the assignment instructions.
•
• States the Number of Foreclosures During 2010 and Explains Why the Situation Did Not Devastate the Banking Industry as It Did During the 1929 Depression
• Total: 1.25
• Distinguished – States the number of foreclosures during 2010 and thoroughly explains why the situation did not devastate the banking industry as it did during the 1929 depression.
• Proficient – States the number of foreclosures during 2010 and explains why the situation did not devastate the banking industry as it did during the 1929 depression. There are minor errors or omissions.
• Basic – States the number of foreclosures during 2010 and partially explains why the situation did not devastate the banking industry as it did during the 1929 depression. There are relevant errors and omissions.
• Below Expectations – States the number of foreclosures during 2010 and attempts to explain why the situation did not devastate the banking industry as it did during the 1929 depression; however, there are significant errors and omissions.
• Non-Performance – The number of foreclosures during 2010 and explanation of why the situation did not devastate the banking industry as it did during the 1929 depression are either nonexistent or lack the components described in the assignment instructions.
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• Explains the Role Moral Hazard Took in Initiating the Foreclosure Crisis
• Total: 1.25
• Distinguished – Thoroughly explains the role moral hazard took in initiating the foreclosure crisis.
• Proficient – Explains the role moral hazard took in initiating the foreclosure crisis with minor errors or omissions.
• Basic – Partially explains the role moral hazard took in initiating the foreclosure crisis with relevant errors and omissions.
• Below Expectations – Minimally explains the role moral hazard took in initiating the foreclosure crisis with significant errors and omissions.
• Non-Performance – The explanation of the role moral hazard took in initiating the foreclosure crisis is either nonexistent or lacks the components described in the assignment instructions.
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• Written Communication: Control of Syntax and Mechanics
• Total: 0.50
• Distinguished – Displays meticulous comprehension and organization of syntax and mechanics, such as spelling and grammar. Written work contains no errors and is very easy to understand.
• Proficient – Displays comprehension and organization of syntax and mechanics, such as spelling and grammar. Written work contains only a few minor errors and is mostly easy to understand.
• Basic – Displays basic comprehension of syntax and mechanics, such as spelling and grammar. Written work contains a few errors which may slightly distract the reader.
• Below Expectations – Fails to display basic comprehension of syntax or mechanics, such as spelling and grammar. Written work contains major errors which distract the reader.
• Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.
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• Written Communication: APA Formatting
• Total: 0.50
• Distinguished – Accurately uses APA formatting consistently throughout the paper, title page, and reference page.
• Proficient – Exhibits APA formatting throughout the paper. However, layout contains a few minor errors.
• Basic – Exhibits limited knowledge of APA formatting throughout the paper. However, layout does not meet all APA requirements.
• Below Expectations – Fails to exhibit basic knowledge of APA formatting. There are frequent errors, making the layout difficult to distinguish as APA.
• Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.
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• Written Communication: Page Requirement
• Total: 0.50
• Distinguished – The length of the paper is equivalent to the required number of correctly formatted pages.
• Proficient – The length of the paper is nearly equivalent to the required number of correctly formatted pages.
• Basic – The length of the paper is equivalent to at least three quarters of the required number of correctly formatted pages.
• Below Expectations – The length of the paper is equivalent to at least one half of the required number of correctly formatted pages.
• Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.
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• Written Communication: Resource Requirement
• Total: 0.50
• Distinguished – Uses more than the required number of scholarly sources, providing compelling evidence to support ideas. All sources on the reference page are used and cited correctly within the body of the assignment.
• Proficient – Uses the required number of scholarly sources to support ideas. All sources on the reference page are used and cited correctly within the body of the assignment.
• Basic – Uses less than the required number of sources to support ideas. Some sources may not be scholarly. Most sources on the reference page are used within the body of the assignment. Citations may not be formatted correctly.
• Below Expectations – Uses an inadequate number of sources that provide little or no support for ideas. Sources used may not be scholarly. Most sources on the reference page are not used within the body of the assignment. Citations are not formatted correctly.
• Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.
Sample Solution
