The USHas More Banks Per Capita Than Most Other Countries Primarily

question 55

Multiple Choice

The U.S.has more banks per capita than most other countries primarily because it

• A)has more people
• B)has a more prosperous economy
• C)had restricted branch banking
• D)continues to prohibit bank holding companies
• E)discourages automatic teller machines (ATMs)

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Definitions:

Voluntary International Standards

Guidelines and principles that organizations can choose to follow, which are designed by international bodies to ensure quality, safety, and efficiency.

International Organization for Standardization

An international body that develops and publishes a wide range of proprietary, industrial, and commercial standards.

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The framework of regulations, practices, and procedures through which a corporation is governed and managed.

Sustainability

The practice of maintaining processes or systems in ways that do not deplete resources or harm natural cycles, ensuring long-term environmental health.