An Important Function of Secondary Markets Is to

question 73

Multiple Choice

An important function of secondary markets is to

• A)make it easier to sell financial instruments to raise funds.
• B)raise funds for corporations through the sale of securities.
• C)make it easier for governments to raise taxes.
• D)create a market for newly constructed houses.

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Definitions:

Slave-Owning Class

A social class in historical contexts, particularly in the American South, that owned slaves as property for labor and economic gain.

Paternalist Ethos

A belief system advocating a hierarchical relationship between groups or individuals, whereby those in authority adopt a fatherly role of providing for and directing those under their care.

Hierarchical Society

A social system in which individuals are ranked one above the other according to status, authority, or some other criterion, creating layers of superiority and inferiority.

Sexual Exploitation

The abuse of a position of vulnerability, differential power, or trust for sexual purposes; this includes profiting monetarily, socially, or politically from the sexual exploitation of another.