What is the purpose of the Federal Deposit Insurance Corporation? A. To print money B. To control monetary policy C. To loan money to individuals D. To insure bank deposits

Question

asked Jul 23, 2023 32.3k views

1 Answer

← Prev Question Next Question →

Ask a Question

Dushyanth Kandiah · Answer 1 · 2023-07-29T01:23:32+0000

Answer:

I think it's D

Step-by-step explanation:

"The purpose of the FDIC was to ensure that people would not lose the money they had deposited in banks if those banks should fail. Early in the Great Depression, many banks failed."

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

No related questions found

What is the purpose of the Federal Deposit Insurance Corporation? A. To print money B. To control monetary policy C. To loan money to individuals D. To insure bank deposits

Categories

Other Questions