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How did the creation of the Federal Deposit Insurance Corporation (FDIC) help end the banking crisis?

How did the creation of the Federal Deposit Insurance Corporation (FDIC) help end the banking crisis?
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How did the creation of the Federal Deposit Insurance Corporation (FDIC) help end the banking crisis?

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User Frahm
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Answer: It prevents widespread bank panics by maintaining confidence in the banking system.

Step-by-step explanation:

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User Kevin Rajan
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