Why was the Community Reinvestment Act of 1977 criticized after the onset of the Great Recession?

Why Was The Community Reinvestment Act Of 1977 Criticized After The Onset Of The Great Recession?

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Answer 1
That answers is c because of Critics were concerned the law would create distortions in credit markets and result in credit allocation by the federal bank regulators. They also noted an already heavy regulatory burden, and felt the CRA would encourage riskier lending.Oct 12, 1977

Related Questions

In what ways does social structure of the United States resemble ancient India?

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Answer:

The caste system in India and the class system in the United States are both based on wealth levels and are set up to favor those of higher class, or those with greater wealth. However, there is increasingly little mobility in the US system, whereas the caste system sees members of lower and upper classes change their monetary status without also changing class distinction. Another difference is that India's system is based on religion while that of the US is not.

Explanation:

The caste system in India and the class system in the United States are both based on wealth levels and are set up to favor those of higher class, or those with greater wealth. However, there is increasingly little mobility in the US system, whereas the caste system sees members of lower and upper classes change their monetary status without also changing class distinction. Another difference is that India's system is based on religion while that of the US is not.

After the fall of the Yuan dynasty, Ming dynasty leaders tried to unify China
by:

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The Hongwu Emperor (aka Ming Taizu) would reign until 1398 CE, and his successors continued his efforts to unify China through a strong centralised government and so consolidate the Ming dynasty's grip on power.

1.) What does Paula ask the principal? For students to be heard in the walkout 2006

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She ask for more things to do

Why was the Persia ultimately unsuccessful in conquering Greece at the battle of marathon

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Explanation:

Persia had fewer soldiers than Greece to fight its battles. Athens and Sparta were unbeatable when the two were united. Persia's distance from Greece worked to its disadvantage

How can cultural diffusion have a positive effect on citizens' lives?
A. It emphasizes the importance of protecting elements of their
traditional culture.
B. It allows them to share their art and ideas with people around the
world.
C. It protects them from exposure to ideas that are offensive or
immoral.
D. It prevents their governments from becoming oppressive or
undemocratic.

Answers

Answer:

C

Explanation:

I had this question before

Hope this helps!!

A group of historians are researching the Great Depression in the United States and the events that led to the stock market crash drop in the nations wealth. based on this description, which school of thought do these historians likely belong to ?

Answers

The school of thought that the historians that researched the Great Depression belong to is known as economic history.

What is an economic history?

This refers to the study of a country's past development such as in relation to its economics, labour, business etc

Hence, because the historians researched the Great Depression, they belong to the school of thought known as economic history.

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martin luther king, jr. would most likely have condoned which type of protest?

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Martin Luther king, jr. would most likely have condoned a protest whose aim is to prevent racism against African Americans.

Who was Martin Luther King Jr

Martin Luther King Jr. an American of African decent who was a social activist and Baptist minister.

He  played a crucial role in the American civil rights movement from the mid-1950s until his assassination in 1968.

 His ideologies about achieving human rights justice was centered around peace and a non-violent nature.

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Which three of the following actions represent the efforts of black Americans to achieve the American Dream?

going to church
running away to the free states
campaigning for suffrage
staying loyal to masters
migrating to Oklahoma and Kansas

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First answer Going to church

pls help me explain totalitarianism​

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Answer:

totalitarianism means that the government holds total power over citizens this includes one single political party, media, and rights of the citizens

how did the feudal system protect a lord as well as his peasents

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The feudal system provided protection to the lord where peasants act as a knight for them and in return, the peasants got land and a house to live in.

What was feudalism?

Feudalism was the practice followed in the states of Europe in medieval times by the nobles in the ninth century.

In feudalism, the knights or peasants were allowed to be given protection to the nobles or their kings from very kind of hindrance and then they got rewarded with the land areas along with an homage for surviving.

Therefore, in this way, the peasants and their lords were protected under the feudalism process.

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When immigrants buy goods and services, what does it affect?

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Answer:

At the most basic level, immigration increases the supply of labor in the economy. More labor means more goods and services being produced, so that national output (GDP) rises. Immigration also affects the prices of the inputs that are used to produce these goods and service.


True or false: In 1848, Andrew Jackson became the nation's 7th President to take office?

Answers

TRUE!
Andrew Jackson (March 15, 1767 – June 8, 1845) was an American lawyer, general, and statesman who served as the 7th president of the United States from 1829 to 1837.

Answer:

False.

Explanation:

While Andrew Jackson is correctly our 7th president, his presidency took place from 1829 - 1837. He is known to be one of the founders of the Democratic Party, though the party has strayed from his beliefs of following the Constitution to the letter and leaving more rights to the states instead of delegating the power to the federal government, which is found in beliefs in the current Republican Party.

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https://brainly.com/question/27920494?referrer=searchResults - Jackson's policy towards Native Americans.

what are the effects and causes of the 2008 global crises especially in the usa?

Answers

Answer:

Causes: Unregulated handing out of loans to people with low credit scores, low interest rates, terrible subprime mortagages.

Effects: Housing market crash led to millions of foreclosures, near 10% unemployment rate, deepest and longest recession in history since the great depression.

Explanation:

Why were the Chinese discriminated in the U.S during 19-20th century?

Answers

Answer:

Chinese took many jobs and came mainly for the gold rush in California. they were also hired to help build the First Transcontinental Railroad because Americans were lazy at that time and no one wanted to work on rough jobs like that, they only were about .002 of the entire nation but government was still worried about racial purity. Most Chinese laborers who came to the United States did so in order to send money back to China to support their families there.

Can somebody please answer asap for brainlist and correct answer?

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Answer:

the answer is ax which is option A

The congress of Racial Equality

A) was led by Martin Luther King Jr.
B) used boycotts in the 1960s to achieve integration
C)used sit-ins in the 1940s to encourage integration
D)was led by Rev. Ralph Abernathy

Answers

Answer:

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

Answer:

was led by Martin Luther King Jr.

Explanation:

Which statement best describes a bias that the author of the native American we might have?

Answers

The statement that best describes a bias that the author of the native American might have is McKee supports building casinos on American Indian land.

What is the The American Indian Way?

The author of The American Indian Way is Roland McKee which is a memoir on his business success. He is a member of the Salt River Maricopa Indian Society, which was founded in 1879 and is located in central Arizona.

The complete question is attached below.

The Author best describes the a bias through his statement that McKee is in favor of casinos being built on American Indian territory.

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Why did former soldiers gather in Philadelphia in 1783?

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They wanted Congress to pay the wages due them for their service during the war.

What was the importance of the battle of Philadelphia?

The huge warfare became fought all day, but Washington became flanked and defeated, starting the door for the British navy to march into the yank capital. The British occupied Philadelphia from September 1777 – June 1778. For almost a year, the British occupied the American capital.

Through 1777, Philadelphia becomes US's most essential urban hub. A bustling port of about 35,000, the metropolis turned into additionally the USA's nascent manufacturing middle. With the aid of 1775, the foundries of Philadelphia had been already casting cannons of iron and bronze.

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Which factor contributed most to why large farms and plantations were never formed in New England?

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The rocky character of the soil and the hard winter contributed to the challenges of New England's plantations.

What are the causes of Rocky soil?

The rock physically disintegrates into tiny fragments that become the parent material of the soil when subjected to atmospheric forces such as heat, cold, rain, wind, and other atmospheric elements. Additionally, the rock undergoes chemical changes as a result of the rock's constituents dissolving in rain or reacting with air.

Thus, Due to the rocky soil and harsh winter is the reason why New England has no large farms and plantations as compared to the Southern plantations.

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Which of the following best states an argument of French philosopher Jean-Jacques Rousseau?
In order for a government’s laws to be valid, citizens have to agree with those laws.
Governments should have a legislative branch, which would have the power to create laws.
Kings and queens hold absolute power, and citizens must follow the laws of their country.
A democracy can work only if citizens agree to give up some of their individual rights.

Answers

The best agreement to the philosophy of Jean-Jacques Rousseau is that In order for a government’s laws to be valid, citizens have to agree with those laws.

Who was Jean-Jacques Rousseau?

This man was a philosopher and one of the persons that have helped to shape governments all over the world.

He was one of those that agreed that the citizens of a place needed to have their rights and not be alienated by governments.

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Answer: A.) In order for a government’s laws to be valid, citizens have to agree with those laws.

Explanation:

As the allies close in on the germans, concentration camps are evacuated and prisoners are forced to go on death marches by ss officers. "faster, you filthy dogs!" we were no longer marching, we were running. like automatons. the ss were running as well, weapons in hand. we looked as though we were running from them. the night was pitch-black. from time to time, a shot exploded in the darkness. they had orders to shoot anyone who could not sustain the pace. their fingers on the triggers, they did not deprive themselves of the pleasure. if one of us stopped for a second, a quick shot eliminated the filthy dog. –night, elie wiesel what happens to most of the prisoners who cannot keep up on the march? they are left behind. they are shot immediately. they are taken to another location. they are forced to go on a death march.

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Survivors who moved from camps close to front were sent to Bergen Belsen, Buchenwald, Mauthausen, Terezin (The Residents Traditional) and Ravens Bruckner, or one of their many sub-camps. The resulting overcrowding in these camps hastened the spread of disease and caused many more deaths.

In every camp, Allied soldiers encountered appalling scenes. Bergen Belsen was liberated by British forces on the 15 April 1945. It become exceptionally overcrowded after the arrival of survivors of the death marches. Thousands of unburied bodies lay strewn around the camp, while the barracks some 60,000 starving and mortally ill people werè packed togethér without food or water. The mortality rate amongst those suffering from typhus over 60 ℅.

The first iñtake of the food proved fatal for many prisoners, too weak from starvatioñ to dîgest it. For survivors of Nazi camps, the road to recovery would be long and painful.

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Answer: They are shot immediatelt

Explanation:

on edg

what was the purpose of the coercive acts

Answers

B because is is the right answer
The right answer is
B

do trust-busters still exist today?

Answers

Answer:

A new era of trustbusting could begin with Amazon, tech giants

Explanation:

Jesus, the Messiah, was the most important contribution to come from Israel.


TrueFalse

Answers

I’m gonna go with false
False. That’s definitely bias and also just an opinion

Based on his address to the Joint Session of Congress and your understanding of the historical context surrounding the speech, which of the following principles is the most important to Truman's foreign policy philosophy?

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The most important principle to Truman's policy was B. Free citizens would not support communist governments unless they were forced to do so.

What is Foreign Policy?

This refers to the way a government of a foreign power relates with other governments.

Hence, we can see that based on the foreign policy of the Harry Truman's administration, they were against communism and stated that free citizens would not support it, unless forced to do so.

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Answer:

B.

Explanation:

just took the test!!

What was the position of the eastern church in the Byzantine empire on icons throughout the period 500-1000?

It opposed them as being idolatrous.
It defended them as aiding in religious devotion.
It advised individuals to be discerning on the issue but took no institutional position.
It switched between banning and approving them at least twice

Answers

The position of the eastern church in the Byzantine empire on icons throughout the period 500-1000 is Option C: It advised individuals to be discerning on the issue but took no institutional position.

What was the Byzantine empire?

The Byzantine Empire was the longest-lasting medieval empire, and its influence can still be seen in many Western states, as well as Eastern and Central Europe and Russia, in terms of law, art, and architecture.

The Byzantine Empire was responsible for preserving Greek and Roman culture during the Middle Ages.

Hence option C is correct.

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Answer:

The answer to the question  D) It switched between banning and approving them at least twice

Explanation:

I took the test and got a 100% what more of an explanation  do you need my guy!!

What was one of the major causes of death along the Trail of Tears for the
Cherokee people?

Answers

Answer: sickness

Explanation:

Answer: Illness

Explanation:

I got it right because it was similar to sickness

What is the significance of the Starving Time?

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The "starving time" was the winter of 1609–1610 when James Fort was besieged by Powhatan Indian warriors, there was a lack of food, the leadership was weakened, and two out of every three colonists perished.

What is starving time?

In the winter of 1609–1610, Jamestown in the Colony experienced a hunger crisis known as "The Starving Time." At the start of the winter, Jamestown had roughly 500 residents. However, by the time spring came, only 61 people were still alive.

The winter of 1609–1610 is known as "The Starving Time," because it was during this time when around three-quarters of the English colonists in  perished from malnutrition or diseases associated with it.

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Answer: Nearly all the colonists died.

People were forced to eat things they normally would not

Explanation:

How were the Normandy landings similar to the atomic bomb attacks on
Japan during World War II?
A. Both were collaborative efforts among the United States, Canada,
and Great Britain.
B. Both were major offensive attacks by Allied forces that
contributed to the end of the war.
C. Both offensives were successful first attempts to use a new form
of military technology.
D. Both occurred on the same day as part of a coordinated offensive
against the Axis powers.

Answers

Answer: B) Both were major offensive attacks by Allied forces that contributed to the end of the war.

Explanation:

Both were attacks by the Allies that were to cause significant damage to the Axis powers. The Normandy landings liberated France and the bombings on Japan led them to quickly surrender.

Read this passage from the Bill of Rights:

Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.

Which principle does the passage best illustrate?

A. Nationalism
B. Natural rights
C. Popular sovereignty
D. Rule of law

Answers

Individual liberty, constrained government, and the rule of law are protected by the Bill of Rights.

What is the Bill of Rights?

The first ten Amendments to the Constitution are known as the Bill of Rights. It outlines the rights of Americans in regard to their government.

The American ideas of individual liberty, constrained government, and the rule of law continue to be symbolized and supported by the Bill of Rights.

It establishes guidelines for the application of the law, and it grants the people or the States all authority not expressly granted to the federal government.

As a result, option (d) Rule of law is the correct.

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