Beginning in 1933, the Federal Deposit Insurance Corporation

A. offered financial protection for stock investors.
B. prevented banks from speculating irresponsibly.
C. protected banks from failing.
D. protected the assets of bank depositors.
E. gave the government authority to transfer the funds of failing banks to strong banks.


Answer: D

History

You might also like to view...

How does Northeastern architecture in Colonial America differ from the Spanish?

A. Northeasterners employed professional architectural designers. B. The Spanish adopted Native American building techniques. C. Only the Northeasterners used European decorative motifs such as arcades D. None of the above

History

Which of the following areas of activity was exempt from governmental control during the war?

A. communication networks B. None of these answers is correct. C. industrial production D. food production

History

Many pre-Columbian tribes east of the Mississippi River were loosely linked by

A. the shared use of a series of forts. B. intertribal religious festivals. C. common linguistic roots. D. the Iroquois Confederacy. E. economic compacts.

History

The most repeated challenge that the women traders in Ghana expressed was:

a. “harassment” by city officials. b. health-related problems. c. their husbands controlling their income. d. responsibility to family left behind in the rural community.

History