Asserting That "The Poor Are Poor Because the Institutions Around

question 14

Multiple Choice

Asserting that "the poor are poor because the institutions around them set them up to fail" might be said by a __________.

• A) social Darwinist
• B) system blamer
• C) person who focuses on norm violators
• D) victim blamer

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Definitions:

Security

A financial instrument representing an ownership position in a publicly-traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.

Direct Private Long-term Debt Financing

A funding method where businesses borrow money directly from private investors, bypassing traditional bank loans, usually for a period longer than one year.

Public Issues

The offering of securities by a company to the public in order to raise capital.

Restrictive Covenants

Clauses in a contract that place limitations on the actions of parties involved, often used in real estate and employment agreements.