Regulations That Reduced Competition Between Banks Included

question 13

Multiple Choice

Regulations that reduced competition between banks included

• A)branching restrictions.
• B)bank reserve requirements.
• C)the dual system of granting bank charters.
• D)interest-rate ceilings.

---

Definitions:

Macro-culture

The dominant or overarching culture of a large group or society which influences norms, values, and practices.

Cultural Conflict

A clash or struggle that arises from differences in beliefs, values, and customs between individuals or groups from different cultures.

Cultural Stereotype

Oversimplified and generalized opinions about the traits, behaviors, and characteristics of a particular cultural group.

U.S. Department of Labor

A federal agency responsible for promoting the welfare of job seekers, wage earners, and retirees in the United States.