Before 1933, Congress had never dared to comprehensively regulate the sale of securities or the trading of those securities through a secondary market, which led to

a. a lack of people willing to invest.
b. stringent self-regulation.
c. average citizens gaining access to once-elite investment opportunities.
d. competition and lack of cooperation between operations.
e. fraud and irresponsibility on Wall Street.


ANS: E

Political Science

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Political Science