The Glass-Steagall Act came about due to concerns about excessive risk taking at banks and conflicts of interest between commercial and investment banking activities.

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The Glass-Steagall Act was enacted in 1933 in response to the Great Depression and aimed to prevent banks from engaging in both commercial banking and investment banking activities. This was done to reduce the risks taken by banks and to address concerns about conflicts of interest between the two types of banking activities.

The Glass-Steagall Act Came About Due to Concerns About Excessive