Financial Deregulation Can Lead to

question 27

Multiple Choice

Financial deregulation can lead to

• A)an explosion of new financial products.
• B)greater freedom to access credit.
• C)the global financial crises in 2007-09.
• D)All of the above.

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Definitions:

Off-price Retailers

Retail stores that sell branded goods at lower prices than mainstream retail stores, often through the sale of surplus stock or from past seasons.

Convenience Stores

Retail outlets that offer a limited range of food and household products, intended for quick and convenient purchasing.

Mom-and-Pop

Small, often family-owned, businesses that operate in a local community or neighborhood, distinct from larger chains or corporations.

Manufacturers

Entities or individuals involved in the production of goods using labor, machinery, tools, and chemical or biological processing or formulation.