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Blockbusting Is the Practice by Certain Financial Institutions of Designating

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Blockbusting is the practice by certain financial institutions of designating an area of a city as being too risky and unprofitable to lend money to those who want to rebuild or refurbish buildings there.


Definitions:

Information Processing

A psychological approach studying the mind analogously to a computer, focusing on how information is perceived, processed, and stored.

Memory

is the mental capacity or faculty of retaining and retrieving information, experiences, and skills.

Cognition

Mental activity involved in understanding, processing, and communicating information.

Retroactive Interference

The phenomenon where newly learned information interferes with the recall of information learned previously.

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