Which of the Following Statements Most Accurately Represents the History

question 266

Multiple Choice

Which of the following statements most accurately represents the history of U.S.banking?

• A)Although many technological changes have occurred,and banks have grown tremendously in size,the basic structure of banking in the United States has survived stability since the Revolutionary War.
• B)A major trend in U.S.banking was a move from federal control during the 1800s and early 1900s to a system now controlled by individual states.
• C)Although the early history of banking in the United States was very chaotic,the establishment of the Fed stabilized the banking system.
• D)The U.S.banking system has experienced a great deal of change and instability throughout its history.

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Definitions:

Bad News

Information that is unwelcome, disappointing, or negative, often requiring careful communication.

Legal Consequences

The outcomes or penalties resulting from actions that are governed by law, such as fines, imprisonment, or other sanctions.

Apologizing

Expressing regret or sorrow for having done something wrong or caused inconvenience, often with the intention of mending a relationship.

Sympathy

Feelings of pity and sorrow for someone else's misfortune, often leading to offers of help or support.