The Rippling Process of Change Throughout a City,whereby Displaced Social

question 167

Multiple Choice

The rippling process of change throughout a city,whereby displaced social or ethnic groups displace others in residential areas,is known as

• A) invasion and succession.
• B) congregation and segregation.
• C) the cycle of poverty.
• D) smart growth.
• E) socio-spatial formation.

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Definitions:

Credit Checks

The process of evaluating an individual's or company's credit history and current financial status to assess their creditworthiness.

Potential Lenders

Entities or individuals who may provide loans or credit but have not yet agreed to do so.

Equal Credit Opportunity Act

A U.S. law that aims to make it illegal for creditors to discriminate against applicants based on race, color, religion, national origin, sex, marital status, age, or because they receive public assistance.

Extend Credit

Involves offering a loan or allowing goods or services to be purchased now with the agreement to pay later.