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What is one indication of successful socialization?
Deposit Insurance
Deposit insurance is a financial safeguard that protects depositors’ money in the event of a bank failure, guaranteeing a certain amount of an individual's deposits in member banks.
Commercial Banks
Financial institutions offering a range of services, including deposit accounts, loans, and credit.
Commodity Money
Money that has intrinsic value, such as gold or silver, used historically as a medium of exchange, unit of account, and store of value.
Money Market Mutual Funds
Investment funds that collect money from various investors to purchase short-term, high-quality debt securities and offer liquidity and relatively low risk.
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