What happened after the Reagan administration loosened regulations on savings and lo.
O The S&Ls and their customers saw greater long-term profits.
O People had more investment opportunities.
O Many S&Ls made bad loans and went bankrupt.
O The banking industry asked for more regulation.
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Answer :

After the Reagan administration loosened regulations on savings and loans (S&Ls), several consequences followed: 1. Many S&Ls made bad loans and eventually went bankrupt: With fewer regulations in place, some S&Ls engaged in risky lending practices, leading to substantial financial losses and bankruptcies within the industry. 2. People had more investment opportunities: The relaxed regulations provided individuals with increased investment options as S&Ls offered higher-risk, potentially higher-return investments. 3. The banking industry asked for more regulation: The failure of many S&Ls due to the looser regulations prompted calls for increased oversight and regulation within the banking industry to prevent similar financial crises in the future.

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