The banking industry is heavily regulated because
A)banking is a monopoly industry.
B)most banks are owned by government agencies.
C)bankers do what is best for their stockholders, not necessarily what is best for the economy.
D)All of the above are correct.

Question

Quizplus · Accepted Answer

The banking industry is regulated to ensure stability and protect the economy, as banks may prioritize stockholder interests over broader economic concerns.

The Banking Industry Is Heavily Regulated Because