The practice by banks and savings and loan companies of refusing to offer mortgages in poor and minority neighborhoods was known as:

Question

Quizplus · Accepted Answer

Redlining was the practice of denying or limiting financial services to certain neighborhoods based on their racial and socioeconomic makeup, leading to disinvestment and economic decline. This discriminatory practice was widespread in the United States in the 20th century, particularly in urban areas, and was a major factor in perpetuating racial segregation and inequality.

The Practice by Banks and Savings and Loan Companies of Refusing