Remember: A chain of loans is only as strong as its weakest link.
Questions
1
Which one is not true about Brickton and the crash of two thousand eight?
😠Ana did it on purpose to hurt families🏘️House prices began to fall🧊Lenders stopped lending, even to each other
2
Which one is not true about Brickton and the crash of two thousand eight?
🛡️A parcel is worth the same however its loans do🔁A loan must be paid back, a little at a time⚖️A house can be worth less than its loan
3
Which one is not true about Brickton and the crash of two thousand eight?
🌫️Nobody knew which parcels held the shaky loans🧊Lenders stopped lending, even to each otherThe crash had exactly one cause
4
Which one is not true about Brickton and the crash of two thousand eight?
🌫️Nobody knew which parcels held the shaky loans🏘️House prices began to fall🛡️A parcel is worth the same however its loans do
5
Which one is not true about Brickton and the crash of two thousand eight?
📋New rules asked lenders to check borrowers and keep reserves🏘️House prices began to fall🏠One family's missed payments could never matter to anyone far away
6
Which one is true about Brickton and the crash of two thousand eight?
🛡️A parcel is worth the same however its loans do📋New rules asked lenders to check borrowers and keep reserves🏠One family's missed payments could never matter to anyone far away
7
Which one is true about Brickton and the crash of two thousand eight?
🛡️A parcel is worth the same however its loans do🔗The parcels passed along a long chain of buyersThe crash had exactly one cause
8
Which one is true about Brickton and the crash of two thousand eight?
🛡️A parcel is worth the same however its loans doThe crash had exactly one cause📦Many loans were bundled into one parcel and sold
9
🗓️Is it true? The real crash was in two thousand eight.
TrueFalse
10
Which one is not true about Brickton and the crash of two thousand eight?
The crash had exactly one cause🌫️Nobody knew which parcels held the shaky loans🔗The parcels passed along a long chain of buyers
11
Which one is true about Brickton and the crash of two thousand eight?
📋New rules asked lenders to check borrowers and keep reservesThe crash had exactly one cause🛡️A parcel is worth the same however its loans do
12
📈Is it not true? A house price that rises always keeps rising.
TrueFalse
Scan the code at the top to mark this sheet on screenTake a photo of your answers or type them. It is marked for you automatically, and your score is kept.
Answer key · Set B
The crash of 2008
1Ana did it on purpose to hurt families
2A parcel is worth the same however its loans do
3The crash had exactly one cause
4A parcel is worth the same however its loans do
5One family's missed payments could never matter to anyone far away
6New rules asked lenders to check borrowers and keep reserves
7The parcels passed along a long chain of buyers
8Many loans were bundled into one parcel and sold
9True
10The crash had exactly one cause
11New rules asked lenders to check borrowers and keep reserves
12True
Mark each answer, count the right ones and write the score on the sheet.