Business, 15.12.2020 16:30 angelaguero536

An industry with a large number of small firms is usually thought to be highly competitive. Is that supposition true of the banking industry?

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Answer from: winnie45

Not Anymore

Explanation:

In the past, it could be said that the Banking industry in the United States was more competitive as there were many more smaller banks which operated in a certain geographical area.

As time moved forward towards the present however, what we have seen is smaller banks being taken over by larger banks which want to expand operations or as a result of the smaller banks failing.

The banking sector still has a lot of small banks but is effectively controlled by a few big banks and so is not as competitive as before.

Answer from: Quest

There are three key entities in thefederal reserve system: the board of governors, the federal reserve banks(reserve banks), and the federal open market committee (fomc). while the federal reserve has frequent communication with executive branch and congressional officials, its decisions are made independently.

Answer from: Quest

Via: "if you are found to be supplying or dealing drugs, the punishment is likely to be tough. supplying drugs doesn’t just apply to dealers. if police suspect that you intend to share drugs with your friends, this is still considered to be supplying.

being suspected of supplying drugs means you are much more likely to be charged. the amount of drugs found on you, and whether you have a criminal record, will be taken into account when a punishment is being decided.

decisions to prosecute are taken by the public prosecution service. the maximum sentences for intent to supply drugs are:

- up to life in prison or an unlimited fine (or both) for a class a drug- up to 14 years in prison or an unlimited fine (or both) for a class b or class c drug."sorry if this was a school question, you didnt supply options so i assumed it was a personal question, which if it is, reconsider selling or having possesion of any drugs at all. i wish you the best!

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