Which of the Following Categories of Financial Are the Largest

question 9

Multiple Choice

Which of the following categories of financial are the largest depository institutions in the U.S.?

• A)Savings banks
• B)Savings and loans
• C)Commercial banks
• D)Insurance companies
• E)Credit unions

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Definitions:

Industrially Advanced Nations

Countries that have highly developed industries, technological infrastructure, and a high standard of living.

LDCs

Less Developed Countries; nations with low levels of economic development, often measured by gross domestic product (GDP) per capita, industrialization, and living standards.

Economic Development

The process of improving economic well-being and quality of life through growth and restructuring of an economy's sectors.

Birth Rate

The number of live births per thousand people in a population over a given period of time.