All of the Following Are Examples of the Law of Diminishing

question 7

Multiple Choice

All of the following are examples of the law of diminishing control that followed banking regulations put in place after the Great Depression except:

• A)Banks created new instruments to circumvent the law.
• B)Financial business migrated to unregulated institutions.
• C)Depositors demanded financial institutions be responsible for their financial decisions.
• D)Politicians were pressured to dismantle the regulations.

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Definitions:

Identify

To recognize and name someone or something as being a particular person or thing.

Bureaucracy

An organizational structure characterized by standardized procedures, hierarchical division of responsibilities, and adherence to fixed rules, often found in governments and large organizations.

Impersonal Organization

Describes entities structured to operate without personal considerations, relying on standardized procedures and roles to achieve objectives.