The Apparent Size Bias in the Financial Marketplace Led to the Creation

question 113

Short Answer

The apparent size bias in the financial marketplace led to the creation of the __________ in the 1950s,to guarantee loans made to small businesses by private lending institutions.

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Definitions:

Referendum

A direct vote in which an entire electorate is asked to vote on a particular proposal and can have wide-ranging implications.

Initiative

A process that allows citizens to propose and vote on legislation directly, bypassing the legislative body.

Boss System

A political system dominated by a single leader or group of leaders (bosses) who have enough power to control political appointments, the distribution of favors, and the outcome of elections.

Civil Rights

The rights of individuals to receive equal treatment (and to be free from unfair treatment or discrimination) in a number of settings – including education, employment, housing, and more – based on certain legally-protected characteristics.