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What crisis helped start the Great Depression and lead to Roosevelt creating the Federal Deposit Insurance Corporation (FDIC)?

What crisis helped start the Great Depression and lead to Roosevelt creating the Federal Deposit Insurance Corporation (FDIC)?
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What crisis helped start the Great Depression and lead to Roosevelt creating the Federal Deposit Insurance Corporation (FDIC)?

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User Siukurnin
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The stock market crash of 1929.
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User Mike Malter
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