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What was the carving on the lost colony tree?

The colonist were sent to England, but when they came back, no one was there. Instead, there was a carving. It was: CRA.


How do you syllabicate the word 'cradle'?

The word "cradle" is syllabicated as "cra-dle." It consists of two syllables, with the first syllable "cra" containing the vowel sound and the second syllable "dle" containing the consonant cluster and the vowel sound.


Why did some Americans defend the community reinvestment act of 1977 during the great recession?

During the Great Recession, some Americans defended the Community Reinvestment Act (CRA) of 1977 because they believed it promoted fair access to credit and homeownership for low- and moderate-income communities, which was essential for economic stability. Critics often blamed the CRA for contributing to risky lending practices, but supporters argued that the act was not responsible for the housing market collapse. Instead, they contended that the CRA helped empower underserved populations and counteracted systemic discrimination in lending. Ultimately, defenders viewed the CRA as a necessary tool for fostering equitable economic growth and community investment.


Why was the community reinvestment act established?

To grow a bank you must fund loans. To fund a loan, you must have money. To have money in the bank, you must have depositors that provide that money. Before CRA was established, banks were advertising to small businesses and minorities. These people and business owners would then open up checking and savings accounts, and eventually want a small loan or two aswell. When push came to shove, these banks were not lending back to the small business owners or the minorities, for unknown reasons (ECOA also helped push CRA along). CRA entails that you lend back to the community, invest with the community and help rebuild the community with your services too.


Why was the community reinvestment act of 1977 initially considered successful?

The Community Reinvestment Act (CRA) of 1977 was initially considered successful because it aimed to combat redlining and promote equal access to credit for low- and moderate-income neighborhoods. By encouraging banks to meet the credit needs of all communities, the CRA helped increase homeownership and stimulate economic development in underserved areas. Its positive impact was reflected in the rise of mortgage lending and the revitalization of communities that had previously been neglected. Additionally, the act fostered greater accountability for financial institutions regarding their lending practices.