Less Than 10 Percent of the Largest Banks in the U.S.control

question 70

True/False

Less than 10 percent of the largest banks in the U.S.control almost 90 percent of the industry assets.

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Definitions:

Government Owns

A situation where assets, enterprises, or other resources are owned and controlled by the government rather than by private individuals or organizations.

Laissez Fair Capitalism

An economic system where private parties are free from government intervention in their economic decisions.