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boyakko [2]
1 year ago
14

Why does the government take an active role in the regulation of the u.s. financial system?

Social Studies
1 answer:
masha68 [24]1 year ago
8 0

The government take an active role in the regulation of the u.s. financial system because commercial banks are essential to the creation of money and to the protection of American citizens.

Commercial banks are essential to the printing of banknotes and are therefore regulated by the government to make sure a sound and competitive financial system. Government is the best political party to maintain the financial system.

However, excessive state intervention is undesirable because it interferes with laissez-faire policies, which are very important for financial markets. Governments therefore have a challenging role to play. Its purpose is to ensure the smooth functioning of the financial system. However, this should be done without direct intervention.

Know more about financial system here

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One characteristic of the American family that contributes to the way Americans view their political system is the <u>large measure of equality among American family members.</u>

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the question is incomplete .please read below to find the missing content

What particular agricultural crop helped advance a civilization?

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