As a Result of the Financial Reform Act of 2010

question 6

Multiple Choice

As a result of the Financial Reform Act of 2010, the ____ was established to regulate financial products and services. ​

• A)Federal Advisory Committee
• B)Federal Open Market Committee
• C)Consumer Financial Protection Bureau
• D)Board of Governors

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Definitions:

Scapegoating

The practice of unfairly blaming an individual or group for problems or negative outcomes, often to deflect attention or responsibility from the true causes.

Prejudice

A preconceived opinion or judgment about an individual or group without sufficient knowledge, factual basis, or experience, often leading to discrimination.

Stereotypes

Oversimplified generalizations about a group of people that often lead to prejudiced attitudes and discrimination.

Secondary Labour Market

Part of the job market consisting of low-paying jobs with poor working conditions, limited job security, and few prospects for advancement.