Which of the following terms best describes the U.S. Savings and Loan industry during the 1980s?
A)expanding
B)strained and failing
C)healthy and stable
D)overburdened by excessive regulations

Question

Quizplus · Accepted Answer

The U.S. Savings and Loan industry faced significant challenges during the 1980s, including a series of financial crises and a wave of deregulation that left many S&Ls unable to remain financially solvent. This led to a large number of failures and a government bailout of the industry in the early 1990s.

Which of the Following Terms Best Describes the U