(Last Word) The Glass-Steagall Act of 1933:
A) encouraged the creation of large, interconnected financial services firms.
B) was a primary cause of the 2007-2008 financial crisis and subsequent recession.
C) created banks "too big to fail" and "too big to jail."
D) separated high-risk and low-risk financial activities across different firms.
Correct Answer:
Verified
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