Over the last twenty years in the U.S., the number of banks has:
A) steadily increased.
B) stayed about the same.
C) steadily decreased.
D) more than doubled.

Question

Quizplus · Accepted Answer

The number of banks in the U.S. has steadily decreased over the last twenty years, largely due to consolidation and mergers among banks. In 2000, there were around 8,000 banks in the country, while in 2019, there were just over 5,000.

Over the Last Twenty Years in the U