What are three reasons why the glass-steagall act became less and less effective?

History

1 answer:

ivanzaharov [21]3 years ago

4 0

Answer: The Glass-Steagall Act was no longer preventing activities it was meant to prevent.

Explanation: 1. regulations covered fewer financial instruments as new financial instruments were developed. 2. Financial markets were becoming global, and U.S. regulations controlled only U.S. financial institutions. This reduced the ability of the United States to strictly regulate many financial institutions and 3. There was political pressure to reduce regulations, since people forgot that regulation had successfully controlled past banking problems.

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How does the author describe impact of the convention

valentina_108 [34]

Answer: It seeks to ensure that all persons are treated equally.

Explanation:

The first international document adopted in the 21st century is the International Convention on the Rights of Persons with Disabilities. A large number of politicians, people from the non-governmental sector and people with disabilities participated in the drafting of the convention.

The aim is to ensure that persons with disabilities have a healthy life and rights as equal elements of a community. The authors view this convention through the prism of equality as an elementary principle of a democratic society. They seek to squeeze out all the fragments of discrimination against persons with disabilities in modern society.

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3 years ago

What are the causes of GLOBAL poverty ??

SIZIF [17.4K]

Government Debt.

Corruption.

Extreme weather.

Lack of control in local food.

Lack of access to education.

Mental illness - lack of proper psychiatric care.

World hunger.

Epidemic diseases.