During the 1960s,1970s,and early 1980s,traditional bank profitability declined because of

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Financial innovation during the 1960s, 1970s, and early 1980s increased competition from new financial institutions, which led to a decline in traditional bank profitability. This included the introduction of new financial products such as money market mutual funds and commercial paper, which reduced the demand for traditional bank deposits and loans.

During the 1960s,1970s,and Early 1980s,traditional Bank Profitability Declined Because of