As a Result of the Introduction of Mass Transit in Cities

question 22

Multiple Choice

As a result of the introduction of mass transit in cities, _______________.

• A) working-class neighborhoods were broken apart
• B) members of the middle class could live in neighborhoods on the urban outskirts and commute to work in the inner city
• C) more mixed-use areas consisting of residences, shops, and factories emerged
• D) human resources were drawn inward toward the central city

---

Definitions:

Usury Laws

Legislation that sets the maximum legal interest rate that can be charged on loans to prevent exploitative lending practices.

Rent Control

Government-enforced laws that limit the rent landlords can charge for apartments, aiming to keep housing affordable for renters.

Price Ceilings

A legal maximum price that can be charged for a good or service, intended to protect consumers from prices that are deemed excessively high.

Equilibrium Price

Equilibrium Price is the market price at which the quantity of goods supplied equals the quantity of goods demanded.