The regulations that regulated the financial system up to the early 1980s were developed during the
A)1920s.
B)1930s.
C)1940s.
D)1960s.

Question

Quizplus · Accepted Answer

The regulations that regulated the financial system up to the early 1980s were developed during the 1930s, specifically in response to the Wall Street crash and subsequent Great Depression. The most notable of these regulations was the Glass-Steagall Act, which separated commercial and investment banking activities.

The Regulations That Regulated the Financial System Up to the Early