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.
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Answer:
The most significant common law system are the law pattern which are developed by the judges are based on the precedent by the case decision. The common law is also known as the judge decision law where it is derived from the decision of judicial and the court.
The basic purpose of the common law system are providing the legal ideas for the contextual areas. It is developed by the court decision rather than on the law which are statutory .
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Answer:
7, 2, 5 are the best answers.
