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Author Question: The effects of the burst housing bubble fell disproportionately on minorities. By 2009 some 1.5 ... (Read 59 times)

waynest

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on: Jul 2, 2018
The effects of the burst housing bubble fell disproportionately on minorities. By 2009 some 1.5 million homes, owned mostly by _____, were lost through subprime foreclosures.
 
  a. all minorities combined
  b. Asian Americans
  c. Latinos
  d. African Americans

Question 2

What forces combined in 2007 to bring about the worst economic downturn since the Great Depression of the 1930s?
 
  a. Hurricane Katrina and the resulting bailout to homeowners
  b. Bipartisan support of the wars in Iraq and Afghanistan
  c. Predatory mortgage lending and irresponsible dealing on Wall Street
  d. The election of the nation's first Black president and a Republican legislature


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FergA

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Reply #1 on: Jul 2, 2018
Answer to Question 1

Answer: d. African Americans

Answer to Question 2

Answer: c. Predatory mortgage lending and irresponsible dealing on Wall Street


waynest

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Reply 2 on: Jul 2, 2018
Wow, this really help

xoxo123

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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