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

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Definitions:

Speaking Fluently

The ability to express oneself easily and articulately in spoken language.

Gray Matter

The darker colored regions of the brain and spinal cord, primarily composed of neuron cell bodies and branches.

White Matter

Brain tissue composed of myelinated nerve fibers that transmit signals throughout the brain and to the spinal cord, facilitating communication between different brain regions.

Emotional Control

The ability to manage and regulate one's emotions in a healthy and productive manner.