Facebook Pledges $1B For Affordable Housing Ahead Of CEO's Testimony

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Social Studies
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary goal of Facebook's $1 billion investment in California?
To invest in renewable energy
To build new company offices
To expand its social media platform
To combat the affordable housing crisis
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is Facebook's CEO testifying before the House Financial Services Committee?
To launch a new advertising campaign
To announce a new partnership with Google
To address allegations related to the Fair Housing Act
To discuss a new social media feature
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was Facebook accused of in relation to its targeted ads program?
Promoting fake news
Monopolizing the tech industry
Hacking user accounts
Violating the Fair Housing Act
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main concern of lawmakers regarding Facebook's cryptocurrency, Libra?
Its compliance with existing financial regulations
Its potential to replace traditional banks
Its ability to generate profit for Facebook
Its environmental impact
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who will have the final decision-making authority over Libra?
Facebook alone
The U.S. government
A not-for-profit group of 21 companies
The European Union
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