The correct answer is "A".
A real state bubble is an economic term that refers to the combined effect that is caused in the industry by a rapid increase of property values and an easiness of credit for potential buyers. This ultimately leads to a "burst" that results in a sharp fall of the value of properties, causing the average property buyer to default on its credit, as the value of the property is much less than the loaned money.
The land boom of 1920 was a real state bubble that occurred in Florida which lasted approximately 5 years. Urban zones such as Miami Springs, Coral Gables, and Miami Shores are a result of this land boom.
Answer:
Thomas Aquinas
Explanation:
Tomás de Aquino was a priest and a great philosopher, being the greatest representative of Escolastica, where he divided his studies between Aristotelian philosophy and Christian theology. He was very attached to the ethical issues that developed in the society in which he lived and always tried to reconcile logic with religion. For example, he believed that mental illness was a disease sent from the heavens, that is, he believed that there was a divine purpose in this type of illness and therefore, the patients did not need to be treated.
Answer:
(A)
Explanation:
In the article, we see how Texas suffered greatly from the 1980's oil crash. In the last sentence of the article, it states how the economy of Texas needed to change. Texas is a hub of oil production, but after this event, new businesses needed to emerge in order to stimulate their economy and recover from that crash. Today, most of Texas' top commodities include cattle, cotton, milk, broilers, and other agricultural goods. They also handle energy production and primarily depend on natural gas, coal, and wind.
Which country are we talking about ?do you mean in general ?