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What Was the Primary Lesson Learned from the Panic of 1907

Question 18

Multiple Choice

What was the primary lesson learned from the Panic of 1907?


A) The importance of wealthy families in the banking industry
B) The need to eliminate federal oversight of banks and return oversight to the level of states
C) The need  for a central bank and laws and regulations for banking
D) The need for deregulation of financial markets and tighter control of monopolies

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