What Are the Factors That Contributed to the Credit Crisis

question 5

Essay

What are the factors that contributed to the credit crisis in 2007? _ _ _ _ _ _ _ _ _ _ _ _ _ _

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Definitions:

Dehumanizing Conditions

Situations or environments that strip individuals of their dignity, identity, or humanity, often leading to a loss of self-worth and identity.

Institutionalized

Established in practice or custom, often referring to the longstanding establishment of an individual within a healthcare or correctional facility.

Social Breakdown Syndrome

A theoretical concept describing the decline of societal structures and norms leading to widespread disorganization and individual psychological distress.

Institutionalization

The process of placing individuals in an institution, such as a psychiatric hospital or prison, where their freedom is severely restricted.