4 the current financial crisis that began in housing

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Unformatted text preview: n? 4. The current financial crisis that began in housing has created a government response to partially nationalize the banking system via “bail outs,” government owned shares in banks, and increased government regulation. It is likely that this is not the final stage in this type of policy activity, and that there may be further nationalizations within health care and within insurance against natural disasters. Discuss alternative types of nationalization and how these alternatives would affect social class in American s...
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This note was uploaded on 02/01/2009 for the course DSOC 101 taught by Professor Hirshel during the Fall '08 term at Cornell University (Engineering School).

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