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Question: Identify the consequences of redlining in cities like Chicago, the city shown in the map. A map shows redlining in Chicago. Red areas are mostly in southern Chicago, particular to the east along the coast. Yellow areas, the next best grade, surround the red area, taking up most of central Chicago. There are a small number of blue areas, the next best grade, in central Chicago, and more to the north. There are very few green areas, the best grade, none of which are near the largest red area. Consequence(s) Drag appropriate answer(s) here These neighborhoods remain both majority Black and often impoverished today. Nonprofit organizations made up for the absence left by businesses. Loans were available at lower interest rates. Businesses, schools, and opportunities for leisure were shut out of these areas.
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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