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The FDIC's role in insuring the deposits in banks is an example of the direct role of the government. Question 4 options: True False
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The FDIC's role in insuring the deposits in banks is an example of the direct role of the government.

Question 4 options:
True
False

User Peter David Carter
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1 Answer

5 votes

Answer:

True

Step-by-step explanation:

The FDIC's purpose was to give strength to the economy and the bombing banking framework. Authoritatively made by the Seagull Act of 1933 and displayed after the store protection program at first authorized in Massachusetts, the FDIC ensured a particular measure of checking and reserve funds stores for its part banks.

The most critical of these new laws were the DMCA act. These laws approved the disposal of loan fee roofs, loosening up confinements on loaning and overruling the usury laws of individual states.

User Joe The Person
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