Answer:
The correct answer is c) Government sponsored enterprises
Explanation:
A Government sponsored enterprise is a type of financial institution created by the US Congress to provide public access to financial services and increase credit flow to certain economic sectors. Historically, this institutions have played a very important role in the mortgage markets.
GSEs were created as a response to the Housing crisis in 1932, with the enactment of the Federal Home Loan Bank Act, designed to serve as a reserve credit system to support housing finance.
The Housing GSEs include the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), and the Federal Home Loan Bank System (FHLBank System).
The country’s economy has also been improving, despite tough international sanctions imposed on Pyongyang for a variety of provocative actions, most importantly its continued development of nuclear weapons.
The Morrill Tariff of 1861 was an increased import tariff in the United States, adopted on March 2, 1861, during the administration of President James Buchanan. The Morrill Tariff raised rates to encourage industry and to foster high wages for industrial workers.
Both became militaristic and started expanding their empires. However, Japan never developed a totalitarian
