Which of the Following Factors Contributed to Failure of Savings

question 126

Multiple Choice

Which of the following factors contributed to failure of Savings and Loan associations in the 1980s?

• A)The high levels of net worth by all savings and loans
• B)Declining real estate values
• C)Avoidance of risky loans by the savings and loans industry
• D)Low interest rates paid to attract deposits

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Definitions:

American-born Slaves

Individuals born into slavery in the United States, contrasting with those who were trafficked or transported there from other regions.

English Customs

Traditions, behaviors, and practices that are characteristic of or unique to England, often reflecting its history and cultural heritage.

Code Noir

A set of laws first enacted in the French colonies in 1685, governing the treatment of slaves, with the aim of regulating the slave trade and the lives of black people in the French colonial empire.

Louisiana Slaves

Enslaved Africans and their descendants who lived and worked primarily in the state of Louisiana, experiencing a unique blend of French, Spanish, African, and American cultures.