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asambeis [7]
4 years ago
5

How did government deregulation affect savings and loans banks?

History
1 answer:
chubhunter [2.5K]4 years ago
5 0
During the Great Depression in the United States, it was a lack of <span>government regulation (also known as deregulation) that negatively affected savings and loans banks, since this meant that the banks were able to make risky loans, which ultimately devastated the economy. </span>
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