Solved

What Was One of the Reasons for Creating the FDIC

Question 79

Multiple Choice

What was one of the reasons for creating the FDIC regulatory system in 1933?


A) To reverse the Great Depression
B) To discourage banks to take irresponsible risks with their depositors' money
C) To encourage banks to achieve greater returns on investment
D) To restructure the financial system

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions