Although the FDIC Was Created to Prevent Bank Failures,its Existence

question 14

Multiple Choice

Although the FDIC was created to prevent bank failures,its existence encourages banks to

• A)take too much risk.
• B)hold too much capital.
• C)open too many branches.
• D)buy too much stock.

---

Definitions:

Social Hierarchy

The ranking of individuals or groups in a society according to status, authority, or some other criterion.

Colorblind Ideology

A worldview in which group identities are ignored and people are judged solely on their individual merits, thereby avoiding any judgment based on group membership.

Group Identities

The sense of belonging to a particular group, characterized by shared attributes, interests, or goals among its members.

Individual Merits

The acknowledgment and recognition of a person's achievements, abilities, or qualities based on personal effort and talent.