Lower interest rates encouraged borrowing. From 2000 to 2003, the Federal Reserve lowered the federal funds rate target from 6.5% to 1.0%. This was done to soften the effects of the collapse of the dot-com bubble and the September 2001 terrorist attacks, as well as to combat a perceived risk of deflation. As early as 2002 it was apparent that credit was fueling housing instead of business investment as some economists went so far as to advocate that the Fed "needs to create a housing bubble to replace the Nasdaq bubble". Moreover, empirical studies using data from advanced countries show that excessive credit growth contributed greatly to the severity of the crisis.
What encouraged borrowing from 2000 to 2003?
Lower interest rates

In Mexico, Carnival is celebrated in about 225 cities and towns. The largest is in Mazatlán and the city of Veracruz with others in Baja California and Yucatán. The larger city Carnivals employ costumes, elected queens and parades with floats, but Carnival celebrations in smaller and rural areas vary widely depending on the level of European influence during Mexico's colonial period. The largest of these is in Huejotzingo, Puebla where most townspeople take part in mock combat with rifles shooting blanks, roughly based on the Battle of Puebla. Other important states with local traditions include Morelos, Oaxaca, Tlaxcala and Chiapas.
Morelos, Oaxaca, Tlaxcala and Chiapas are important states which also have their own what?
local traditions

The Romans interacted with and later conquered parts of Mauretania, an early state that covered modern Morocco, western Algeria, and the Spanish cities Ceuta and Melilla during the classical period. The people of the region were noted in Classical literature as Mauri, which was subsequently rendered as Moors in English.
During what period did Mauretania exist?
the classical period.