THE ROARING 20S 1920 1929
AMERICAN ECONOMY IN THE 1920S
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Civilian Conservation Corps (CCC)
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Social Secuirty (SS
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Tennessee Valley Authority (TVA)
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Federal Deposit and Insurance Corporation (FDIC)
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Detailed explanation-1: -The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the Congress to maintain stability and public confidence in the nation’s financial system.
Detailed explanation-2: -What is the FDIC? The FDIC-short for the Federal Deposit Insurance Corporation-is an independent agency of the United States government. The FDIC protects depositors of insured banks located in the United States against the loss of their deposits if an insured bank fails.
Detailed explanation-3: -The Federal Deposit Insurance Corp. (FDIC) provides safety and security for deposits up to the legal limit. Depositors with high balances can spread risk and maximize their insurance by structuring deposits among multiple banks.