The Glass-Steagall Act

question 161

Multiple Choice

The Glass-Steagall Act

• A)was created in 1933 to divide commercial banking from investment banking.
• B)allowed banks to become more diverse in the investments they were allowed to make.
• C)made U.S.banks similar to the "universal banks" of continental Europe.
• D)created conflicts of interest between commercial banks and investment banks.

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Definitions:

Dressing Changes

The practice of replacing wound coverings to promote healing and prevent infection.

Family Environment

The social and emotional climate of a family, including relationships among family members, and the structure and dynamics of the household.

Health-promoting Behaviours

Actions undertaken by individuals to enhance or maintain their well-being and prevent diseases.

Economic Status

The social standing or class of an individual or group often measured by income, wealth, education, and occupation.