The Housing Industry Crash in 2007

question 1

Multiple Choice

The housing industry crash in 2007:

• A) affected only some reckless speculators
• B) proved the virtue of free-market capitalism
• C) sent bank profits soaring, given all the homes they were able to acquire through foreclosure
• D) froze credit and provoked a recession
• E) had long been predicted by the Bush administration

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Definitions:

Sex And Gender

The distinction between sex, a biological concept based on reproductive organs and genetic makeup, and gender, a social construct related to roles, behaviors, and identity.

Sexual Differentiation

The process by which the sexes develop distinct anatomical and physiological differences from a common template during fetal development and puberty.

Complete Androgen Insensitivity Syndrome

A condition in which individuals with XY chromosomes are unresponsive to androgens, leading to the development of female physical traits but male genetic makeup.

Genetic Composition

The specific arrangement and interaction of genes within an organism, determining its hereditary traits.