Answer:
While the increased time and workload resulting from government regulation can be detrimental to individual financial or credit services companies in the short term, government regulations can also benefit the financial services industry as a whole in the long term.
Implementing these regulations was expensive, but the act gave more protection to people investing in financial services, which can increase investor confidence and improve overall corporate investment.
Option C: It suggested that the colonies should be independent of Britain.
I just had this question and got it right!! <3
Economic growth can be created when the interest rate in the economy is lower so that people can borrow and increase spending and investment, it can be created as well when there is more disposable income caused by increased real wages and also bringing about more exports.
<h3>What is economic growth?</h3>
This has to do with the increase in the amount of goods and services per-head that is in a given economy.
This would help to alleviate poverty in a nation and also bring about increased spending better living.
Read more on economic growth here:
brainly.com/question/1690575
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