The Desire in the US for Owner-Occupied Housing Led to Subsidies

question 15

True/False

The desire in the US for owner-occupied housing led to subsidies that contributed to the recession which started in 2007.

---

Definitions:

CIA

Tasked with the collection, processing, and analysis of national security information, the Central Intelligence Agency serves as a civilian foreign intelligence service for the federal government of the United States.

Liberal Abortion Laws

Regulations that allow for abortion with few restrictions, often prioritizing the choice and health of the woman.

Welfare System

A government program designed to provide financial aid and services to individuals and families in need, including health care, food assistance, and housing support.

Supply-side Economics

An economic theory that argues reducing taxes and regulations for businesses and the wealthy will stimulate investment in the short term and benefit society at large in the long term.