Savings and Loan Company Failures Soared in the Early 1980s

question 176

Multiple Choice

Savings and loan company failures soared in the early 1980s because:

• A)tax laws changed making real estate investments less attractive.
• B)the federal deposit insurance mismanaged their funds.
• C)legislation passed that favored commercial banks.
• D)investors identified more profitable opportunities.

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Definitions:

Growth Mindset

The belief that abilities and intelligence can be developed through dedication, hard work, and persistence, as opposed to a fixed mindset that views them as static traits.

Fixed Mindset

The belief that one's abilities, intelligence, and talents are fixed traits and cannot be significantly developed.

Metacognition

Our ability to understand and be aware of how we think and the processes we use to think.

Self-efficacy

An individual's belief in their own ability to complete tasks and achieve goals.