The Complexity of fiNancial Services Was Partly Responsible for the Credit

question 12

True/False

The complexity of financial services was partly responsible for the credit crunch of 2009.

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Definitions:

Social Skills Training

A therapeutic approach designed to improve interpersonal skills through teaching and practice.

Rational Emotive Therapy

A form of cognitive-behavioral therapy that focuses on identifying irrational beliefs, challenging these beliefs, and replacing them with more rational ones to facilitate emotional well-being.

Drug Therapy

A type of treatment involving the prescription and use of medications to treat illness and improve health.

Systematic Desensitization

A behavioral therapy technique used to reduce phobic responses or anxiety through gradual exposure to the feared object or situation coupled with relaxation or coping techniques.