alexi7secrazza
Answered

How did government deregulation affect savings and loans banks?

AGovernment deregulation led to low interest rates.
BGovernment deregulation allowed savings and loan banks to thrive.
CGovernment deregulation caused several savings and loans banks to fail.
DGovernment deregulation led to creation of thousands of new savings and loans banks.

Verified Answer :

meerkat18

The answer is c. Government deregulation caused
several savings and loans banks to fail. This was caused by the limits that
were imposed on interests and loans of banks.
Other factors that contributed to the failure were the risks in such
products like adjustable rate mortagages.

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