What factor explains expanded financial planning services in the 1970s?
A)A middle class with increased discretionary income.
B)The growing complexity of financial instruments and services.
C)Personal financial planning developing as a profession.
D)Magazines and other media that increased awareness of personal finance issues.
E)All of the above.

Question

Quizplus · Accepted Answer

All of the above factors contributed to the expansion of financial planning services in the 1970s. The middle class had more money to invest, financial instruments and services became more complex, personal financial planning was recognized as a profession, and media increased awareness of personal finance issues.

What Factor Explains Expanded Financial Planning Services in the 1970s