List Two Institutional Policies That Affected the U

question 184

Essay

List two institutional policies that affected the U.S. response to Hurricane Katrina. Do you believe these policies stem from prejudiced attitudes? Explain your reasoning.

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Definitions:

Dividend Revenue

Income received from owning shares in a company, typically distributed from the company's profits.

Partial Goodwill Method

An accounting method where goodwill is only calculated and recorded for the parent's share of ownership in a subsidiary, not for minority interests.

Goodwill

An intangible asset that arises when a company acquires another company for a price greater than the fair value of its net identifiable assets.

Share Capital

The funds raised by a company through the issuance of shares to its shareholders, representing the ownership of the company.