What two institutions were most affected by the deregulation of banking in the U.S.that occurred in 1982?
A) World Bank and International Monetary Fund
B) Commercial Banks and Savings Banks
C) Commercial Banks, and Savings and Loans Institutions
D) Savings Banks and Insurance
E) Credit Unions and Offshore Banks

Question

Quizplus · Accepted Answer

The deregulation of banking in the U.S. that occurred in 1982 most affected Commercial Banks and Savings and Loans Institutions, as it allowed them to invest in riskier ventures and offer higher interest rates on deposits. This led to the savings and loans crisis in the late 1980s, where many institutions failed due to bad investments and unsustainable practices.

What Two Institutions Were Most Affected by the Deregulation of Banking