How Did German Banks Become Important to German Industrialization

question 18

Multiple Choice

How did German banks become important to German industrialization?

• A)They adopted a policy of lending money freely without oversight,which encouraged creativity amongst industrialists.
• B)They were willing to take risks.
• C)They were willing to buy substantial shares in industries and thus remained involved in their progress.
• D)They kept British and French banks out of Germany.
• E)They were government owned.

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Definitions:

Inductive Reasoning

A reasoning method that involves generalizing from a set of specific observations to reach a broader conclusion.

Rent Control Laws

Regulations that limit the amount landlords can charge for leasing property to ensure affordable housing for tenants.

Exploiting

Utilizing resources or situations to gain an advantage, often unfairly or unethically.

Equity

The concept of fairness and justice within the economic practices, including the distribution of wealth, opportunities, and access to resources.