SOC 1101 Study Guide - Research Question, Statistical Significance, Economic Inequality
Document Summary
In recent years, the global community has seen its share of sociological issues, social movements and political changes. The global economy has taken a toll for the worse and many individuals have been affected by the market crash. Take for example the united states and the massive bailouts that had to be introduced to ensure the country would survive the recession. One of the side effects of this economic downturn in the. United states was the housing crisis and the dramatic crash of real estate. One may be lead to ask why some were affected and others weren"t. When thinking about the housing crisis, one may even wonder how some were able to afford such high market prices for homes and how their income would allow them to make such a large purchase. Generally speaking, an increase in income would lead to an increase in the size and cost of homes that individuals own.
