Unlike recent events in England, the United States has no recent history of bank failures.

Name: Unlike recent events in England, the United States has no recent history of bank failures.
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Quizplus · Accepted Answer

The statement is false. The United States experienced a number of bank failures during the 2008 financial crisis, with over 500 banks failing between 2008 and 2012. Additionally, prior to this, the country has also had several periods of bank failures in its history, such as during the Great Depression of the 1930s.

Unlike Recent Events in England, the United States Has No