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📦Many loans were bundled into one parcel and sold🧊Lenders stopped lending, even to each other
2
Which one is not true about Brickton and the crash of two thousand eight?
🔁A loan must be paid back, a little at a time📋New rules asked lenders to check borrowers and keep reserves🛡️A parcel is worth the same however its loans do
3
Which one is true about Brickton and the crash of two thousand eight?
🧊Lenders stopped lending, even to each otherThe crash had exactly one cause😠Ana did it on purpose to hurt families
4
😠Is it true? Ana did it on purpose to hurt families.
TrueFalse
5
Which one is not true about Brickton and the crash of two thousand eight?
🌫️Nobody knew which parcels held the shaky loans📈A house price that rises always keeps rising📦Many loans were bundled into one parcel and sold
6
Which one is not true about Brickton and the crash of two thousand eight?
🛡️A parcel is worth the same however its loans do🧊Lenders stopped lending, even to each other🔁A loan must be paid back, a little at a time
7
Which one is not true about Brickton and the crash of two thousand eight?
🏠One family's missed payments could never matter to anyone far away🏘️House prices began to fall🌫️Nobody knew which parcels held the shaky loans
8
Which one is true about Brickton and the crash of two thousand eight?
🏘️House prices began to fall🏠One family's missed payments could never matter to anyone far awayThe crash had exactly one cause
9
Which one is not true about Brickton and the crash of two thousand eight?
⚖️A house can be worth less than its loan🏘️House prices began to fall😠Ana did it on purpose to hurt families
10
Which one is true about Brickton and the crash of two thousand eight?
🏠One family's missed payments could never matter to anyone far away🛡️A parcel is worth the same however its loans do📋New rules asked lenders to check borrowers and keep reserves
11
Which one is not true about Brickton and the crash of two thousand eight?
🏘️House prices began to fall📋New rules asked lenders to check borrowers and keep reservesThe crash had exactly one cause
12
📋Is it true? New rules asked lenders to check borrowers and keep reserves.
TrueFalse
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Answer key · Set C
The crash of 2008
1Ana did it on purpose to hurt families
2A parcel is worth the same however its loans do
3Lenders stopped lending, even to each other
4False
5A house price that rises always keeps rising
6A parcel is worth the same however its loans do
7One family's missed payments could never matter to anyone far away
8House prices began to fall
9Ana did it on purpose to hurt families
10New rules asked lenders to check borrowers and keep reserves
11The crash had exactly one cause
12True
Mark each answer, count the right ones and write the score on the sheet.