The US Financial Services Modernization Act Repealed the Glass-Steagall Barriers Between

question 52

True/False

The U.S. Financial Services Modernization Act repealed the Glass-Steagall barriers between commercial banking and investment banking.

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Definitions:

Person-Centred

Relates to an approach in psychology and counseling developed by Carl Rogers that emphasizes the importance of the individual's subjective experience and the need to treat each person with unconditional positive regard.

Therapeutic Approach

A systematic strategy or method used in psychotherapy or counseling to help clients understand their feelings, thoughts, and behaviors to promote healing or positive change.

Carl Rogers

A pioneering psychologist known for developing client-centered therapy and emphasizing the importance of the self and unconditional positive regard in personal growth.

Sociohistorical Context

The combination of social, historical, and cultural factors at a specific time that influences an event or phenomena.