A Major Reason There Has Been a Great Deal of Deregulation

question 33

True/False

A major reason there has been a great deal of deregulation in the banking industry since the 1970s is due to the emergence of nonbank organizations and the need to increase competitiveness of U.S.banks and other financial institutions.

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Definitions:

Cable Medium

A physical transmission medium used for network communications, often consisting of coaxial or fiber-optic cables.

Twisted-pair

A type of cable where two conductors are intertwined to cancel out electromagnetic interference from external sources, used especially in telecommunications.

Cable Medium

A physical material used to transmit electronic signals from one place to another, including coaxial cables, fiber optics, and twisted pair cables.

Fiber-optic Cable

A technology that uses threads of glass or plastic to transmit data as pulses of light, offering high-speed data transmission with minimal loss.