According to Freidman and Schwartz,the Most Important Structural Change in the Banking

question 13

Multiple Choice

According to Freidman and Schwartz,the most important structural change in the banking system to result from the 1933 panic

• A)were laws barring short calls on equities.
• B)was Federal insurance of bank deposits.
• C)was an unprecedented increase in regulation.
• D)was the loss of public confidence.

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Definitions:

Social Ties

The connections between individuals that provide social support, influence, and a sense of belonging, important for mental and physical health.

Superordinate Powers

Refers to higher-order or superior authority and capabilities often related to leadership or governance.

Close Supervision

A management style involving careful and continuous oversight of employees' activities to ensure tasks are performed correctly.

Participatives

A leadership style or approach that involves all members of a team in the decision-making process.