Some of the disadvantages associated with the advent of technology include: Question 15Answer a. The “rotten culture” and “loose ethics” existing in the financial services industry. b. The rapid evolution of digital money systems. c. The fact that it is abused by criminal elements to exploit the financial system for criminal purposes. d. The inability of some technology to prevent and detect criminal activities.
Some of the disadvantages associated with the advent of technology include: Question 15Answer a. The “rotten culture” and “loose ethics” existing in the financial services industry. b. The rapid evolution of digital money systems. c. The fact that it is abused by criminal elements to exploit the financial system for criminal purposes. d. The inability of some technology to prevent and detect criminal activities.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Some of the disadvantages associated with the advent of technology include:
Question 15Answer
a.
The “rotten culture” and “loose ethics” existing in the financial services industry.
b.
The rapid evolution of digital money systems.
c.
The fact that it is abused by criminal elements to exploit the financial system for criminal purposes.
d.
The inability of some technology to prevent and detect criminal activities.
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