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Which item best completes the chart?

Which item best completes the chart?-example-1
User Cnexans
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2 Answers

5 votes

Answer:c

Step-by-step explanation:

User Nportelli
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4 votes

Answer:

C. Protect citizens form bank failures

Step-by-step explanation:

In the early 1930s, almost 1/3 of American banks had collapsed and failed, and American consumers had lost trust in the banking system. As a response to this, Roosevelt's administration created the 1933 Banking Act, which formed the New Deal Agency The Federal Deposit Insurance Corporation.

The main goal of this agency was to protect citizens from bank failures by providing deposit insurance to depositors in U.S. commercial banks and savings institutions in case that a bank failed, and by regulating some banking practices.

User Hypothetical Ninja
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