Which best describes why the Federal Deposit Insurance Corporation (FDIC) was created? to reduce the number of bank runs to secure money placed in banks to force failing banks to close to support recovery

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asked Feb 26, 2023 17.1k views

7 votes

Which best describes why the Federal Deposit Insurance Corporation (FDIC) was created?

to reduce the number of bank runs
to secure money placed in banks
to force failing banks to close
to support recovery among banks

Which best describes why the Federal Deposit Insurance Corporation (FDIC) was created-example-1

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Kjetil Joergensen asked

by Kjetil Joergensen

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6 votes

Answer:

Step-by-step explanation:

BRHSM answered Mar 3, 2023

by BRHSM

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