Which of the following played a key role in the process of financial innovation in the 1960s?
A)deregulation
B)the avoidance of regulations
C)decreasing volatility in prices, inflation, interest rates, and exchange rates
D)decreasing competition

Question

Quizplus · Accepted Answer

The avoidance of regulations played a significant role in the process of financial innovation during the 1960s as financial institutions and markets sought ways to circumvent existing financial regulations to offer new products and services or to operate more efficiently. This often led to the development of new financial instruments and practices.

Which of the Following Played a Key Role in the Process