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What Is One of the Effects of the Restructuring of the Social

Question 23

Multiple Choice

What is one of the effects of the restructuring of the social assistance system toward asset-based welfare?


A) It moves support for welfare away from collective institutions and toward individually held assets
B) It moves support away from homes and towards collective institutions
C) Homes and mortgages are transformed into financial assets
D) Mortgages are securitized and sold at the micro-level

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