What Development Enabled Scots-Irish Presbyterians to Cement Their Place in American

question 4

Multiple Choice

What development enabled Scots-Irish Presbyterians to cement their place in American society?

• A) Newspapers and magazines
• B) Small farms and businesses
• C) Public elementary and middle schools
• D) Frontier colleges

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Definitions:

Structured Investment Vehicles

Finance entities created to manage a portfolio of investment assets, often using leverage to finance long-term assets with short-term debt.

SIVs

Structured Investment Vehicles, which are pool investment entities created to finance long-term assets with short-term debt, known for their role in the financial crisis due to liquidity issues.

Credit Default Swap

A financial derivative that allows an investor to "swap" or offset their credit risk with that of another investor.