In Poor Environments, Residents Often Turn to __________

question 60

Multiple Choice

In poor environments, residents often turn to __________.

• A) alternative economic activities for survival
• B) real estate speculators who purchase and withhold apartments from the housing market
• C) landlords who buy properties in poor neighborhoods for jobs
• D) young White professionals to get them to move into the neighborhood

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Definitions:

Gain

An increase in wealth, resources, or value, often realized through investments, business operations, or other financial activities.

Loss

A situation in which expenses exceed revenues, leading to a negative financial outcome for a business or individual.

Cars

Motor vehicles with four wheels designed for transporting people on roads, ranging from compact models to larger family-sized versions.

Opportunity Costs

The financial sacrifice made by not selecting the alternative that ranks immediately lower when faced with a decision.