Interstate Banking Barriers Have Deteriorated in Part Because of the Decisions

question 22

True/False

Interstate banking barriers have deteriorated in part because of the decisions to deal with the failing thrift industry by allowing acquiring firms to cross state lines.

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Definitions:

Globalization

The method through which companies or various organizations gain international impact or begin to function globally.

Less Developed Countries

Nations with low levels of economic resources, industrial base, and development.

Working Conditions

The environment, terms, and circumstances under which an individual is employed, including aspects like hours, safety, and physical demands.

Capitalist Economy

An economic system characterized by private or corporate ownership of capital goods, and the production for profit and accumulation of wealth.