Deregulation of the finance sector in the 1980s sought to:

Question

Quizplus · Accepted Answer

The deregulation of the finance sector in the 1980s aimed to reduce transaction costs and direct funds to their most productive use. This involved removing restrictions on banking activities and allowing banks to operate across state boundaries. The goal was to increase competition and efficiency in the financial sector and promote economic growth. The other options (A, B, and D) are not accurate descriptions of the objectives of financial deregulation in the 1980s.

Deregulation of the Finance Sector in the 1980s Sought To