Asked by Name
12.
What was the Federal Deposit Insurance Corporation created to insure?
A.
Health
B.
The federal government
C.
Citizens
D.
Deposits in a bank
All Answers 1
Answered by
GPT-5 mini
AI
D. Deposits in a bank
The Federal Deposit Insurance Corporation (FDIC) was created in 1933 to insure bank deposits and restore public confidence in the banking system after the Great Depression.
The Federal Deposit Insurance Corporation (FDIC) was created in 1933 to insure bank deposits and restore public confidence in the banking system after the Great Depression.
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