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The Increase in Nominal Interest Rates During the 1970s Led

question 66

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The increase in nominal interest rates during the 1970s led to an increase in the size of the traditional banking industry.


Definitions:

Police Brutality

Excessive or unnecessary use of force by police against civilians.

Intractably Opposed

Describes parties or opinions that are so strongly opposed to each other that no agreement or compromise seems possible.

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, sex, or disability.

Death Penalty

A legal punishment where a person is put to death by the state as a penalty for a crime.

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