Like other criminogenic cultures, the savings and loan industry placed a heavy emphasis on:
A. presence of organized crime interests.
B. intricate government regulations.
C. reduced competition.
D. profit.
I think it's D, but not sure
I agree.
To determine the correct answer, let's break down each option and analyze it.
A. Presence of organized crime interests: This option suggests that the savings and loan industry placed a heavy emphasis on having involvement or support from organized crime. While it is true that organized crime can be associated with certain industries, there is no specific evidence or mention in the question that suggests the savings and loan industry emphasized the presence of organized crime interests. Therefore, we can eliminate option A.
B. Intricate government regulations: This option suggests that the savings and loan industry placed a heavy emphasis on dealing with complex government regulations. This response could be plausible because many industries, including the banking sector, often face substantial government regulations. However, the question does not explicitly state that the savings and loan industry emphasized intricate government regulations. Thus, option B cannot be considered the correct answer.
C. Reduced competition: This option suggests that the savings and loan industry placed a heavy emphasis on minimizing competition. In some cases, industries may seek to reduce competition to secure higher profits or market dominance. However, the question does not mention anything about the savings and loan industry specifically focusing on reduced competition. Therefore, we can eliminate option C.
D. Profit: This option suggests that the savings and loan industry placed a heavy emphasis on making a profit. The pursuit of profit is a fundamental objective for most businesses, including financial institutions. Moreover, the savings and loan industry, like any other industry, aims to generate profits to sustain its operations and provide returns to its shareholders. Considering these factors, option D seems to be the most logical choice.
Therefore, based on the analysis above, it is reasonable to conclude that the correct answer is D - profit.