Response to the thousands of bank failures

Reference no: EM133630151

Question: Was created in 1933 in response to the thousands of bank failures that occurred inthe 1920s and early1930s. The FDC insurestrillions of dollars ofdeposits in U.S. banksand thrifts - deposits invirtually every bank and savings association inthe country.

Reference no: EM133630151

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