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What is the purpose of the Federal Deposit Insurance Corporation? A. To print money B. To control monetary policy C. To loan money to individuals D. To insure bank deposits
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What is the purpose of the Federal Deposit Insurance Corporation?

A. To print money
B. To control monetary policy
C. To loan money to individuals
D. To insure bank deposits

User Roderick Bant
by
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1 Answer

4 votes

Answer:

I think it's D

Step-by-step explanation:

"The purpose of the FDIC was to ensure that people would not lose the money they had deposited in banks if those banks should fail. Early in the Great Depression, many banks failed."

User Dushyanth Kandiah
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3.5k points
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