Examlex
The main disadvantage of groups is that they take a lot of time to organise and manage.
Monetary Control Act
A law intended to regulate banking and manage the money supply, possibly referring to specific legislation like the Monetary Control Act of 1980 in the United States, which influenced the Federal Reserve's control over monetary policy.
Glass-Steagall Act
A U.S. law enacted in 1933, which separated commercial banking from investment banking, repealed in 1999.
1999 Repeal
Refers to the revocation of a law or act; often mentioned in economic contexts, such as the repeal of financial regulations or acts in 1999.
Financial Crisis
A situation where the value of financial institutions or assets drops rapidly, leading to a loss of wealth, reduced access to credit, and, in some cases, bank failures.
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