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Which of the following is an example of a folkway?
Economic Downturn
A period of reduced economic activity characterized by declining GDP, increased unemployment, and lower consumer spending.
Bankruptcy Reform Act
Legislation intended to overhaul the bankruptcy system, typically making it more difficult for individuals to file for bankruptcy and to discharge certain types of debt.
Debtor's Assets
All the property and financial resources owned by an individual or organization that owes money to creditors.
Title 11
A reference usually to the United States Bankruptcy Code, governing bankruptcy in the United States.
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