Which Banking Act Allowed Banks to Cross State Lines in Order

question 28

Multiple Choice

Which banking act allowed banks to cross state lines in order to acquire a failing institution?

• A)McFadden Act
• B)Glass-Steagall Act
• C)DIDMCA
• D)Garn-St Germain Act

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Definitions:

Vygotsky

A Russian psychologist who proposed the sociocultural theory of cognitive development, emphasizing the role of social interaction in learning.

Formal Operations

In Piaget's theory, the cognitive development stage (starting around age 12) where an individual gains the ability to think abstractly, reason logically, and form hypotheses.

Hypothetical Questions

Questions based on imagined scenarios or conditions, used to explore reactions or decisions in speculative situations.

Erik Erikson

A developmental psychologist known for his theory on the psychosocial development of human beings across eight stages from infancy to adulthood.