An Example of a Depository Financial Institution Is an Insurance

question 5

True/False

An example of a depository financial institution is an insurance company.

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Definitions:

Coolidge and Hoover

Refers to Calvin Coolidge and Herbert Hoover, two U.S. Presidents known for their policies during the 1920s and the onset of the Great Depression, respectively.

Dust Bowl

A period of severe dust storms that greatly damaged the ecology and agriculture of the US and Canadian prairies during the 1930s, causing widespread economic hardship among farmers.

Anti-Lynching Laws

Legislation intended to prevent lynching, a form of violent, extrajudicial punishment typically motivated by racial prejudice, though historically such laws have been difficult to enforce.

CIO

Congress of Industrial Organizations, a federation of unions that organized workers in industrial unions in the United States and Canada from 1935 to 1955.