The Federal Deposit Insurance Corporation or the FDIC was a New Deal program
designed to prevent bank failures and restore the public's faith in the banking system.

TRUE OR FALSE

Answers

Answer 1

Answer:

True.

Explanation:

The Federal Deposit Insurance Corporation which is also generally referred to as the FDIC was a New Deal program introduced by President Franklin D. Roosevelt in 1933 and it was designed to prevent bank failures or bank runs and restore the public's faith in the banking system.

A bank run can be defined as a situation where bank clients or depositors make withdrawals of their money simultaneously from banks as a result of being scared or afraid the depository institution will run out of cash (bankruptcy) and become insolvent.

In order to counter the problem with bank runs, the Federal Deposit Insurance Corporation (FDIC) was established on the 16th of June, 1933.

Furthermore, to avoid bank runs or other financial institutions from being insolvent, the Federal Reserve (Fed) and Central banks (lender of last resort) are readily accessible and available to give monetary funds to these institutions when they're running out of money and as well as regulate their activities.


Related Questions

EDGE 2021 APUSH BRANLIEST

Read the excerpt from author Walter Dean Myers about the significance of the Brown v. Board of Education Supreme Court case.
In Brown vs. Board of Education Thurgood Marshall, Kenneth B. Clark, and the lawyers and social scientists, both black and white, who helped them had won for African Americans a victory that would bring them closer to full equality than they had ever been in North America. There would still be legal battles to be won, but the major struggle would be in the hearts and minds of people and ‘in that gap between law and custom.’
–Walter Dean Myers,
The African American Struggle for Freedom
Following the Brown decision in 1954, which of these would Walter Dean Myers have considered to be a legal battle "to be won”?
overturning the “separate but equal” doctrine
desegregating the armed forces
guaranteeing the voting rights of all citizens
ending job discrimination in federal hiring


Answers

Answer:

C

Explanation:

APUSH AP Practice Exam II on quizlet

NO LINKS!!! REAL ANSWERS ONLY OR I WILL REPORT!!!

Answers

Answer:

Family reunification under the law greatly increased the total number of immigrants, including Europeans, admitted to the U.S.; Between 1960 and 1975, 20,000 Italians arrived annually to join relatives who had earlier immigrated. Total immigration doubled between 1965 and 1970, and again between 1970 and 1990.

Explanation:

What development led to the Panic of 1837?
A. State banks issued too much paper money. B. Having too much paper money in circulation caused inflation.
C. People worried about the health of the nation's economy.
D. All of these are true.​

Answers

D. All of these are true.

D.) is the correct answer. Banks printed too much money, causing inflation, and a struggling economy

4. What reason do Islamic terrorists give for attacking the United States?
a. they believe that the united states wishes to destroy all Arab countries.
b. they feel that U.S. foreign policies threaten their religious and cultural values.
c. they hope that disrupting life and stability in the U.S. will lead to a civil war in that country.
d. they are angry that the United States does not support their cause.

Answers

Answer:

b. they feel that U.S. foreign policies threaten their religious and cultural values.

Explanation:

Answer: The correct answer is "They feel that U.S. foreign policies threaten their religious and cultural values."

Explanation:

I took the test

What form of energy is it when matter moves?

Gravitational
Kinetic
Potential
Transformation

Answers

The answer is Kinetic

please help 20 points and crown

Answers

Answer: Guinea, South Sudan, Niger, Mali, and Somalia

Explanation:

How did the fugitive slave act lead to sectionalism and the civil war?

Answers

Answer:

To answer the question about how he fugitive slave act led to sectionalism and the civil war,

As a result of the previously established Fugitive Slave Act of 1793, the people were forced to pick sides; if they wanted slavery to end or not.

As a result of this, the South and the North became increasingly hostile which eventually led to the South breaking away and the Civil War.

Which national park is one of the most famous conservation efforts by President Theodore Roosevelt.
A. Arches
B. The Everglades
C. Yellowstone
D. Yosemite

Answers

YOSEMITE IS ONE OF THE MOST FAMOUS CONSERVATION EFFORTS C.

the amount the purchaser originally pays to purchase a bond is known as?​

Answers

Answer:

Dirty price

Explanation:

Hope u had a great day

what do pan-arabism and pan-africanism have in common

Answers

Answer:

aaaaaaa

Explanation:

Both want to unite people based on their religious similarities do pan-Arabist and Pan-Africanism have in common. Hence, option A is correct.

What does Pan-Arabism stand for?

Pan-Arabism was a political movement that peaked in the 1960s and advocated for the political, cultural, and socioeconomic unification of Arabs in all of the new Arab states that had emerged following decolonization, from the Mashreq to the Maghreb.

Aside from the coercive unification of most of the Arabian Peninsula by the Saudi monarchs of Najd in the 1920s, today's examples of real unification include the union of North Yemen and South Yemen and the seven Arab emirates that make up the United Arab Emirates.

Pan-Africanism was an effort to unite all people of African heritage, whether they resided inside or outside of Africa, in a spirit of brotherhood and cooperation.

Thus, option A is correct.

For more information about Pan-Arabism stand for, click here:

https://brainly.com/question/200908

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Which inventors put an internal combustion engine on a bicycle?
Daimler and Maybach
Bessemer and Carnegie
Graham Bell and Watson
Edison and Tesla

Answers

Answer:

Daimler and Maybach

Explanation:

In 1872, American George Brayton invented the first commercial liquid-fueled internal combustion engine. In 1876, Nicolaus Otto, working with Gottlieb Daimler and Wilhelm Maybach, patented the compressed charge, four-stroke cycle engine.

Which Renaissance figure wrote plays that are still performed today?

Thomas Aquinas
Michelangelo
William Shakespeare
Leonardo da Vinci

Answers

Answer

the answer is C

Explanation:

how did the civil rights movement change society in the United States?

Answers

Answer:

Explanation:

One of the greatest achievements of the civil rights movement, the Civil Rights Act led to greater social and economic mobility for African-Americans across the nation and banned racial discrimination, providing greater access to resources for women, religious minorities, African-Americans and low-income families.

Answer:

The civil rights movement bannee racial discrimination and gave african americans equal rights (same rights as white people) which also ended public segregation, and also stopped employment discrimination on sex, gender, race, color, and religion.

Which of the following is NOT a part of daily life for monks and nuns?
O Making money
O Prayer
O Studying
O Manual Labor

Answers

Answer:

Making Money

Explanation:

Good luck

Carter walked to the White House on the day of his inauguration.


Please select the best answer from the choices provided

T
F

Answers

Answer:

True, he was the first president to walk during his inauguration.

Explanation:

Communist and fascist governments both are based on the idea that

A.)democratic elections should be used to make decisions
B.)totalitarian dictators should rule the people
C.)citizens should control their own private property

Answers

The answer would be the Letter B

What were some main differences between East and West Germany?

Answers

Answer:

.

Explanation:

What were some of the problems that students in schools with a majority of Mexican American students faced in the 1960s

Answers

Racism, bullying, given terrible moldy food, or sometimes not even given food, and even got beat up

Question
Things that incite or motivate to change economic behavior like discounts or coupons.

Answers

Answer:

Commercials and advertisements can change one's views towards making economic decisions.

Explanation:

Which government action was a response to the Japanese attack on Pearl Harbor? *
10 points
drafting all Japanese American men into the US Army
passing labor laws banning the employment of immigrants
ending all oil sales to Japan
forcing the relocation and internment of Japanese Americans

Answers

Answer:

D

Explanation:

It was not C. The oil embargo occurred before Pearl Harbor. Japan then got her oil from the Dutch East Indies and British Borneo. It forced Japan's hand.

Not A: Drafting of Japanese Men was a later response. They were to fight in Europe. They were the highest decorated unit in WWII on the American side.

B: That happened as well, but not immediately.

D: The first response was the relocation and internment of Japanese Americans.

5. On what grounds did the Justice Department obtain a temporary court order
forbidding the New York Times from publishing the Pentagon Papers? How did the
Supreme Court rule in regard to the court order? Why?

Answers

Answer:

it would've been classified as a national security threat

I really need help with this question!

____________ signed a pact agreeing not to attack one another. ___________ never intended to keep this promise and used _______ as an entry point to invade __________.

Here are the answer choices

A.Poland & Germany
Russia
England

B.Russia & Germany
Germany
Poland
Russia

C.Russia & Germany
France
Poland
England

D.France & England
Germany
Russia
Poland

Answers

Answer:

B

Explanation:

Germany and Russia

Germany never intended to keep this promise. That's the way history records it, but I don't think Stalin was exactly in love with the alliance.  I'm pretty sure he had motives for signing the treaty. In looking it up, it had to do with not being able to make a deal with England and France. Stalin was not completely prepared for war, so his motives were clear. If you don't think you can beat the enemy, then you ought to join him.

Germany had simpler and more straight forward reasons. She wanted to invade Poland without the need of a superpower (Russia) to oppose her.

and used Poland as an entry point to invade Russia.

B

S.A.L.M.A.

List the capitals of Georgia in order.

Why did the capital move?

Answers

Answer:

Answer ! down there

Explanation:

Reportedly, the desire to move the capital also arose out of a concern about malaria in the Louisville area. In 1802 Creek lands west of Louisville were ceded to Georgia. The Jefferson County Courthouse now stands on the site, where a plaque marks the location of Georgia's first capitol building.

Which statement is true about European colonization of the New World

Answers

Answer:

the statement that is true about European Conquests in the americas is : Columbus's men assaulted Taino men and women and claimed their land for spain Many people do not know that Columbus and his men had a tendency toward violence. When he first arrived, he ordered his men to find loot to brought back to his homeland, and violent happened during the process

In what ways were Laura Towne’s beliefs about equality and education different for her time?

Answers

Answer:

Here's this for everyone else as well:

During the era of slavery in the United States, the education of enslaved African Americans, except for religious instruction, was discouraged and eventually made illegal in most of the Southern states. So after the Civil War, They were given very-to-no education by only giving them the most basic in academics. After Laura seeing this, Laura's beliefs were to break that limit and treat African Americans as equals

Life on the Slave Ship
How would you describe a slave ship? Write at least one sentence

Answers

Answer:

this be sad

Answer:

Overcrowded

Unhealthy

Inhumane

Often Deadly

Unsanitary

Explanation:

Adrian has been arrested on the charges of committing homicide. He will face a trial soon. His family plans to hire a lawyer who could defend him in the trial. Which law must Adrian's lawyer specialize in?
A. civil
B. criminal
C. corporate
D. labor
E. administrative​

Answers

Answer:

b

Explanation:

i think if its a homocide or murder then it would be b but if they getting sue than civil

What is Islamaphobia? *
O The only way to stop terrorism
O Mistreatment of Muslims in the US
O A new type of government
O A disease that makes you allergic to Islam

Answers

Answer:

The 2nd option

Explanation:

Dislike of or prejudice against Islam or Muslims, especially as a political force.

Latin American Class System
who led the revolutions and why

Answers

Answer:

Toussaint L'Ouverture led the revolt. Former slave in Saint-Domingue who began a revolt to end French colonial rule. Former slaves struggled for freedom for ten years.

Creole class
Additionally, Creoles faced greater commercial and economic constraints than the ruling class. These factors ultimately led the Creole class to be a dominant force in the struggle for Latin American independence during the 1800s. It is important to note that the term Creole holds several meanings.

Why was the mandate system established at the end of World War I?

A.
The mandate system created a plan to punish Germany for the cost of the war by requiring payments from the Germans.

B.
The mandate system was created to take the territories once under the control of the Ottoman Empire and make them colonies of the British Empire.

C.
The mandate system created a plan to take lands controlled by Germany and give them to France as new colonies.

D.
The mandate system was created to establish an administration of the territories of the Ottoman Empire, while preparations were made for their independence.

Answers

Answer:

c

Explanation:

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