The _____ of Home Mortgages Occurred in the 1970s, When

question 10

Multiple Choice

The _____ of home mortgages occurred in the 1970s, when bonds in dominations as small as $1,000 were created.

• A) commercialization
• B) disruptive innovation
• C) privatization
• D) securitization

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Definitions:

Economies Of Scale

Reductions in per unit costs achieved through increased levels of production.

Competitively Organized

Referring to markets or industries where multiple firms exist in competition with one another, ensuring no single entity controls the market prices or supply.

Economic Profits

Profits that exceed the opportunity costs of all inputs, considering both explicit and implicit costs.

Economic Consultant

A professional who provides expert advice on economic strategies, market analysis, policy formulation, and financial planning to businesses or governments.