At the start of the twenty-first century, the financial industry in the U.S. and many other high-income European countries was increasingly characterized by:

Question

Quizplus · Accepted Answer

At the start of the twenty-first century, the financial industry in the U.S. and many other high-income European countries saw significant changes, including the agglomeration of financial activities into large firms, the securitization of loans, and a trend towards deregulation and reduced government oversight.

At the Start of the Twenty-First Century, the Financial Industry