The purpose of deregulating banks during the 1980s was to
A)eliminate the risk that banks incurred
B)allow banks to compete with other financial institutions
C)allow U.S.banks to compete with foreign banks
D)help consumers
E)decrease the cost of banking regulation

Question

Quizplus · Accepted Answer

Deregulation allowed banks to compete with other financial institutions, such as savings and loans, and to offer a wider range of products and services.

The Purpose of Deregulating Banks During the 1980s Was to