Banks in the United States were nationalized in the fourth q

Banks in the United States were nationalized in the fourth quarter of 2009 because banks were not lending to enough money to keep the economy growing. T or F?

Solution

The correct answer is false

Explanation:- Banks in the United States were nationalized in the fourth quarter of 2009 to overcome the global financial crisis and also to restructure the bank and stabilize the global financial system.