When Customers Have Low Credit Scores,banks Often Offer Them Subprime

question 41

Multiple Choice

When customers have low credit scores,banks often offer them subprime loans that have higher than normal interest rates.If a bank gives three times as many subprime loans to black Americans than to white Americans,even when they have the same credit scores,the bank is guilty of

• A) individual discrimination.
• B) reverse racism.
• C) institutional discrimination.
• D) microaggressions.

---

Definitions:

Ethnic Group

Individuals bonded together within a population through similar cultural backgrounds or ancestry.

Jim Crow Laws

Racially discriminatory laws that enforced racial segregation and disenfranchised Black Americans in the southern United States from the late 19th century until the 1960s.

Voting

The process by which citizens or members of a community express their choice or opinion, often through a formal system, on matters of importance or in selecting representatives.

Public Schools

Educational institutions funded and administered by government entities, providing free education to students.