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Why Is It Easier for Financial Innovation in a Permissive

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Why is it easier for financial innovation in a permissive regulatory system?


Definitions:

Invisible

Not visible; not perceivable by the eye or immediately obvious to the aware mind.

Class Consciousness

The recognition of social inequality on the part of the oppressed, leading to revolutionary action.

Sociological Literature

Written works that examine social institutions, interactions, and patterns from a sociological perspective.

Deviance

A behavior, trait, belief, or other characteristic that violates a norm and causes a negative reaction.

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