Which of the Following Statements Most Accurately Represents the History

question 94

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 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:

Job Design

The process of organizing work into tasks and responsibilities to improve employee satisfaction, productivity, and effectiveness within an organization.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, suggesting that people are motivated by five basic categories of needs: physiological, safety, love, esteem, and self-actualization, in that order.

Herzberg's Motivation-Maintenance Theory

A theory suggesting there are two factors that influence an employee's motivation and satisfaction: motivators and hygiene factors.

Grit

A psychological trait based on an individual's passion for a particular long-term goal coupled with a powerful motivation to achieve their respective objective.