Which of the Following Statements Most Accurately Represents the History

question 94

Multiple Choice

Which of the following statements most accurately represents the history of U.S. banking?

• A) Although many technological changes have occurred, and banks have grown tremendously in size, the basic structure of banking in the United States has survived since the Revolutionary War.
• B) A major trend in U.S. banking was a move from federal control during the 1800s and early 1900s to a system now controlled by individual states.
• C) Although the early history of banking in the United States was very chaotic, the establishment of the Fed stabilized the banking system.
• D) The U.S. banking system has experienced a great deal of change and instability throughout its history.

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Definitions:

Alternative Healthy Behaviors

Practices or actions taken as substitutes for unhealthy behaviors, aimed at improving or maintaining good health.

Braided Streams

Watercourses that consist of a network of small channels separated by small and often temporary islands called braid bars, typically found in environments with high sediment loads and strong seasonal flows.

Sediment

Particles of organic or inorganic matter that settle in place, often in bodies of water, eventually forming sedimentary rock.

Clay And Silt

Fine-grained natural earth materials, which when combined, form a part of sedimentary deposits, with distinct physical properties related to their particle size.