The Strictly Regulated Financial Systems in the Period After World

The strictly regulated financial systems in the period after World War II and into the 1970s were based on the concern that

A) governments were too involved in the day-to-day operations of the central banks.
B) governments were unable to control the banking system.
C) banks would take on risks that could eventually bring down the banking system.
D) banks faced international competition and could not offer competitive rates of interest.
E) financial markets were not sufficiently developed to offer viable alternatives for investors.