The Panic of 1907 Was Triggered by

question 25

Multiple Choice

The Panic of 1907 was triggered by

• A)excessive speculation in the stock market, excessively tight lending by banks and trusts, and excessively restrictive regulation of financial markets.
• B)excessively loose lending by banks and trusts, a need to divert cash to San Francisco following the 1906 earthquake, and excessively restrictive regulation of financial markets.
• C)a need to divert cash to San Francisco following the 1906 earthquake, government intervention that broke up many of the major trusts, and a lack of effective oversight of financial markets.
• D)excessive speculation in the stock market, excessively loose lending by banks and trusts, and a lack of effective oversight of financial markets.

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Definitions:

Joining System

Joining system is a term used in family therapy to describe techniques that help therapists become accepted and integrated into the family system to facilitate change.

Relational Homeostasis

The concept of maintaining stability and balance in interpersonal relationships.

Positive Feedback

In psychology, a response that strengthens a behavior, making it more likely to occur again; in systems theory, it refers to a process that amplifies changes.

First-Order Change

Surface-level alterations in behavior or thought patterns that do not fundamentally transform underlying systems or structures.