A Major Reform of American Banking Was Achieved in 1913

question 81

Multiple Choice

A major reform of American banking was achieved in 1913 with passage of the

• A)Federal Deposit Insurance Corporation.
• B)Economy Act.
• C)Federal Securities Act.
• D)Federal Reserve Act.
• E)Currency Act.

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Definitions:

Self-fulfilling Prophecy

A belief or expectation that indirectly or directly causes itself to become true, through the behavior it inspires.

Initiating Structure

Leadership behavior that defines and organizes work roles and activities, and sets clear objectives.

Autocratic Leadership

A leadership style where decisions are made unilaterally by the leader without input from group members, emphasizing control and command.

Buffer Criticism

The practice of softening or reducing the impact of critique, often by providing supportive feedback along with it.