When Bankers Are in Control of the Regulatory Agencies to the Point

question 28

Multiple Choice

When bankers are in control of the regulatory agencies to the point that regulations are enforced in ways favorable to the banks, it is known as

• A)regulatory capture.
• B)intellectual capture.
• C)finger pointing.
• D)regulator shopping.

---

Definitions:

Solidarity

A unity of purpose or togetherness among individuals with a common interest, often in support of social or political causes.

Collective Action

Cooperative efforts by a group of individuals working together towards a common goal or interest.

Social Movements

Organized efforts by groups of people to enact, resist, or undo social change, often aiming to address issues of public concern.

Health Insurance

A type of insurance coverage that pays for medical and surgical expenses incurred by the insured or reimburses the insured for expenses incurred from illness or injury.