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Monica [59]
3 years ago
13

An obvious defect in the United States' banking system that was exposed during the Great Depression was

History
1 answer:
tekilochka [14]3 years ago
7 0

Answer:

Lack of Regulation

Explanation:

The great depression showed the world that the US financial system was largely unregulated, which made it have a trust problem. As a result of the depression, new efforts like the SEC were put in place to regulate the markets.

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