Why Are There So Many Different Mutual Funds Offered for Sale

question 21

Essay

Why are there so many different mutual funds offered for sale? Why have index funds become more popular?

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Definitions:

Federal Communications

Refers to the United States Federal Communications Commission (FCC), a government agency responsible for regulating interstate and international communications by radio, television, wire, satellite, and cable.

Structuralist View

An economic perspective that emphasizes the role of structural factors, such as institutional, social, and technological aspects, in determining economic outcomes.

Allocative Inefficiency

A situation in which resources are not allocated in a way that maximizes total welfare or societal well-being.

Illegal Business Behaviors

Illegal business behaviors encompass actions by companies that violate laws or regulations, such as fraud, insider trading, and environmental violations.