As a result of the financial crises in 2008, the number of banks in the United States declined from about 18,000 in 1984 to about _____ in 2015.
A) 15,000
B) 10,000
C) 8,900
D) 6,500
E) 5,000

Question

Quizplus · Accepted Answer

According to data from the FDIC, the number of banks in the United States declined from around 18,000 in 1984 to around 6,500 in 2015, a result of numerous bank mergers and failures during and after the financial crises in 2008.

As a Result of the Financial Crises in 2008, the Number