Which of the Following Was Not Part of the Glass-Steagall

question 56

Multiple Choice

Which of the following was not part of the Glass-Steagall Act of 1933?

• A)interstate banking and branching
• B)imposing minimum floors on interest rates
• C)creation of the FDIC
• D)Both a and b are correct.

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Definitions:

Entrepreneurs

Individuals who start and run their own businesses, taking on greater than normal financial risks in order to do so.

Business Practices

The methods, strategies, and procedures used by companies to conduct business, market their products, and manage relationships with customers and stakeholders.

Mexican Laborers

Workers from Mexico, often migrating for employment in agriculture, construction, and other industries, primarily in the United States.

Borderlands

Regions located on or near the borders between countries, often characterized by cultural blending and conflicts.