The U.S.has many banks because:
A) Small banks are more profitable than large banks
B) Many states outlawed bank branching
C) The Great Depression caused the failure of the large banks, leaving many small banks
D) The Glass-Steagall Act forced the splitting up of large banks
Correct Answer:
Verified
Q3: If someone wants to start a bank
Q4: In the U.S.today:
A)Most banks are federally chartered
B)Most
Q5: In recent years the U.S.banking structure has
Q6: The bank failures that occurred during the
Q7: The Federal Deposit Insurance Corporation (FDIC) was
Q8: Which of the following statements most accurately
Q8: The dual banking system in the U.S.today
Q9: The financial crisis in the United States
Q10: The number of banks in the U.S.today
Q11: Many states prohibited bank branching because of
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