The FDIC Was Created in

question 7

Multiple Choice

The FDIC was created in

• A)1913 by the Congress at the same time the Fed was created.
• B)1933 by the Congress as a result of the banking collapse in the early years of the Great Depression.
• C)1945 in the reforms put in place after World War II.
• D)1980 by the Congress as part of the overall movement towards deregulation.

---

Definitions:

Developing Countries

Nations with a lower level of industrialization, a lower standard of living, and a lower Human Development Index compared to developed countries.

Superior Swiss Technology

Refers to products or innovations that are recognized for their high quality, precision, and reliability, often associated with Swiss manufacturing standards.

Product Manager

A professional responsible for the strategy, roadmap, and feature definition for a product or product line.

Generic Brown Box

A plain, unbranded packaging option typically used for shipping goods, offering a cost-effective solution for businesses while providing anonymity for the contents.