How did deregulation lead to a decrease in the number of banks between 1980 and the present?
How did deregulation lead to a decrease in the number of banks between 1980 and the present? Deregulation led to a decrease in the number of banks between 1980 and the present in a way many mergers occurred. Less regulation (deregulation) meant less prohibitions and rules, so mergers could take place. Big banks bought smaller banks and became gigantic, and few giants merged as well...
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