What Were the Political, Social, Economic, And/or Cultural Consequences of This

question 119

Essay

What were the political, social, economic, and/or cultural consequences of this item: mortgage-backed securities?
Instructions:
-Identify each item. Give an explanation or description of the item. Answer the questions who, what, where, and when.
-Explain the historical significance of each item. Establish the historical context in which the item exists. Establish the item as the result of or as the cause of other factors existing in the society under study.

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Definitions:

Internal Attribution

The inference that a person's behavior is caused by something intrinsic to them, such as their personality, disposition, or character.

External Attribution

The process of attributing the cause of a person's behavior to situational factors outside the individual.

Social Schemas

Cognitive frameworks that help individuals organize and interpret information about social environments and interactions.

Stereotypes

Widely held but fixed and oversimplified images or ideas of a particular type of person or thing, often based on generalizations.