Instructions: Identify the Following

question 90

Essay

Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
Savings-and-loan industry and bailout

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Definitions:

Profits

The financial gain obtained when the revenue from business activities exceeds expenses, costs, and taxes.

Retained Earnings

The portion of net income that is kept within a company rather than distributed to shareholders as dividends.

Stock Market

A marketplace where securities such as stocks and bonds are bought and sold, providing companies with access to capital and investors with a slice of ownership in companies and potential income.

Government Bonds

Debt securities issued by a government to support government spending and obligations, typically offering a fixed rate of return over a certain period.