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6 August, 07:47

35. In the 1930s, the federal government formed the Federal Deposit Insurance Corporation (FDIC), an

insurance system to protect bank deposits.

Why would the government create this corporation?

A. To stop funding to participating banks.

B. To increase public confidence in banks.

C. To encourage commercial trade between member banks.

D. To prohibit the state governments from regulating banks.

36. The Federal Trade Commission (FTC) requires that all products labeled "Made in the USA" be "all or

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Answers (1)
  1. 6 August, 10:01
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    The answer is B. To increase public confidence in banks
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