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While the housing and credit bubbles were building, a series of factors caused the financial system to both expand and become increasingly fragile, a process called financialization. U.S. Government policy from the 1970s onward has emphasized deregulation to encourage business, which resulted in less oversight of activities and less disclosure of information about new activities undertaken by banks and other evolving financial institutions. Thus, policymakers did not immediately recognize the increasingly important role played by financial institutions such as investment banks and hedge funds, also known as the shadow banking system. Some experts believe these institutions had become as important as commercial (depository) banks in providing credit to the U.S. economy, but they were not subject to the same regulations.

Since the 1970's, what has emphasized deregulation to encourage business, but resulted in less oversight and less disclosure?
Answer: U.S. Government policy
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Through Victoria's reign, the gradual establishment of a modern constitutional monarchy in Britain continued. Reforms of the voting system increased the power of the House of Commons at the expense of the House of Lords and the monarch. In 1867, Walter Bagehot wrote that the monarch only retained "the right to be consulted, the right to encourage, and the right to warn". As Victoria's monarchy became more symbolic than political, it placed a strong emphasis on morality and family values, in contrast to the sexual, financial and personal scandals that had been associated with previous members of the House of Hanover and which had discredited the monarchy. The concept of the "family monarchy", with which the burgeoning middle classes could identify, was solidified.

What increased the power in the House of Commons?
Answer: Reforms of the voting system
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Office buildings in Shanghai's financial district, including the Jin Mao Tower and the Hong Kong New World Tower, were evacuated. A receptionist at the Tibet Hotel in Chengdu said things were "calm" after the hotel evacuated its guests. Meanwhile, workers at a Ford plant in Sichuan were evacuated for about 10 minutes. Chengdu Shuangliu International Airport was shut down, and the control tower and regional radar control evacuated. One SilkAir flight was diverted and landed in Kunming as a result. Cathay Pacific delayed both legs of its quadruple daily Hong Kong to London route due to this disruption in air traffic services. Chengdu Shuangliu Airport reopened later on the evening of May 12, offering limited service as the airport began to be used as a staging area for relief operations.

How long were workers in Ford Plant evacuated for?
Answer:
10 minutes