If the Regulated Financial Institutions Are Able to Encourage Their

question 28

Multiple Choice

If the regulated financial institutions are able to encourage their regulator to serve the industry's interest over the public's interest, what has occurred?

• A) regulatory representation
• B) regulatory capture
• C) regulatory acquisition
• D) regulator-regulated negotiation

---

Definitions:

Individual Sins

Acts committed by an individual that transgress moral or religious laws.

Second Industrial Revolution

A phase of rapid industrialization in the late 19th and early 20th centuries, marked by the widespread adoption of steel, electric power, and advanced machinery.

Economic Differences

Variations in wealth, income, or economic structures between individuals, regions, or countries.

James Blaine

James Blaine was a prominent American politician and statesman in the late 19th century, who served as Speaker of the House, a U.S. Senator from Maine, and Secretary of State, and was the Republican nominee for president in 1884.