The Advent of Computers and Deregulation of Banking in the 1970s

question 48

Multiple Choice

The advent of computers and deregulation of banking in the 1970s initiated major changes in our financial environment.One of the biggest changes was

• A) online banking.
• B) credit cards.
• C) home equity loans.
• D) easy student loans.

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Definitions:

Sleep Deprivation

Sleep deprivation occurs when an individual fails to get the required amount of sleep, leading to physical and cognitive impairments, including fatigue, reduced concentration, and mood swings.

Long-Term Memory

The phase of memory capable of storing information over extended periods, ranging from days to decades, and involves data of all types, from factual knowledge to emotional experiences.

Working Memory

A cognitive system responsible for temporarily holding information available for processing, important for reasoning and the guidance of decision-making and behavior.

Semantic Memory

A type of long-term memory involving the ability to remember facts and general knowledge about the world.