Question

The recent housing bubble was created by banks extending high-risk loans to people with a weak financial foundation. This would be categorized as a: A. claim of cause and effect. B. claim of value. C. claim of policy. D. claim of fact.

Answer 1

D a claim of fact because they are stated information

Answer 2

D. claim of fact.

Step-by-step explanation:

The statement refers to facts that took place. The statement explains what the housing buble was. It was an economic and financial event created by the banks. These were the characteristics: high -risk loans were granted to people whose salaries were low or who did not have sounding guarantee. This made these people be regarded as people with weak financial foundation.