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A Housing Bubble Occurs When There Is a Big Increase

question 21

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A housing bubble occurs when there is a big increase in the supply of homes.


Definitions:

Biodiversity

The variety and variability of life forms within a given ecosystem, bioregion, or on the entire Earth, essential for ecosystem health and resilience.

Speciation

The evolutionary process by which new biological species arise due to factors such as geographic isolation or genetic divergence.

Fossil Record

The accumulation of evidence from preserved remains or impressions of organisms from past geologic ages.

Background Extinctions

The normal rate of extinction for species or a certain baseline level of extinctions that occurs without human intervention or major catastrophes.

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