The Main Cause of the Financial Crisis of 2007-2009 Was

question 14

Multiple Choice

The main cause of the financial crisis of 2007-2009 was caused by which financial market factor?

• A)Corporate greed
• B)Agency
• C)Poor economic advice
• D)Lack of understanding about who financial markets operate

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Definitions:

Psychodynamic Approach

A psychological perspective that analyzes how behavior springs from unconscious drives and conflicts, heavily influenced by the work of Freud.

Gestalt

A theory in psychology that proposes that the operational principle of the brain is holistic, parallel, and analog, with self-organizing tendencies rather than a sum of discrete parts.

Gestalt Psychology

A theory of mind that emphasizes the idea that the whole of anything is greater than its parts, focusing on perception in a holistic manner.

African-American Psychologist

refers to psychologists who are of African-American descent and may focus on issues related to race, culture, and identity in their research and practice.