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The Glass-Steagall Act Came About Due to Concerns About Excessive

question 22

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The Glass-Steagall Act came about due to concerns about excessive risk taking at banks and conflicts of interest between commercial and investment banking activities.


Definitions:

Racial Passing

The phenomenon of individuals being accepted or identified as a member of a racial group different from their own.

Racial Category

A classification system used to categorize humans into large and distinct groups by factors such as genetic inheritance, physical appearance, and ancestry.

Cultural Imperialism

The domination of one culture over another, often resulting in the imposition of its values, practices, and beliefs.

Life Expectancies

The average period that an individual is expected to live based on demographic factors such as the person's current age, gender, and health.

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