Although Largely Considered a Landmark Case for Ending Racial Discrimination

question 44

Multiple Choice

Although largely considered a landmark case for ending racial discrimination, Brown v. Board of Education set a precedent for access to education for

• A) students from rural communities.
• B) students who are gifted.
• C) students with disabilities.
• D) preschool students.

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Definitions:

Fannie Mae

A government-sponsored enterprise (GSE) focused on expanding the secondary mortgage market by securitizing mortgages, enhancing liquidity in the financial system.

Freddie Mac

A public government-sponsored enterprise aimed at expanding the secondary mortgage market by buying loans from lenders.

Credit Standards

The criteria that lenders use to determine the creditworthiness of potential borrowers.

Sub-prime Loans

Loans offered to individuals with poor credit histories or higher risk of default, often at higher interest rates.