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  • 11-01-2022
  • History
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Why do you think the creation of a Federal Deposit Insurance Corporation was needed in response to the Great Depression?

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6lixkvy
6lixkvy 6lixkvy
  • 20-01-2022

Answer:The FDIC, or Federal Deposit Insurance Corporation, is an agency created in 1933 during the depths of the Great Depression to protect bank depositors and ensure a level of trust in the American banking system.  

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