From the 1930s to the 1990s,________ banks primarily took deposits and made loans while ________ banks did security underwriting.

Question

Quizplus · Accepted Answer

Commercial banks primarily take deposits and make loans, while investment banks engage in activities such as underwriting securities. This distinction between the two types of banks was largely in place from the 1930s to the 1990s, before changes in regulations allowed for more crossover between the two types of institutions. Therefore, choice A is the correct answer.

From the 1930s to the 1990s,________ Banks Primarily Took Deposits