THE ROARING 20S 1920 1929
AMERICAN POLITICS IN THE 1920S
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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allow for a quick recovery of stock prices
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provide direct loans to businesses
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protect individual investors from stock fraud and bank failure
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allow banks and companies to invest in the stock market
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Detailed explanation-1: -Examines and supervises financial institutions for safety and soundness and consumer protection, Works to make large and complex financial institutions resolvable, and. Manages receiverships.
Detailed explanation-2: -The Federal Deposit Insurance Corporation has served as an integral part of the nation’s financial system for 50 years. Established by the Banking Act of 1933 at the depth of the most severe banking crisis in the nation’s history, its immediate contribution was the restoration of public confidence in banks.
Detailed explanation-3: -The FDIC protects depositors of insured banks located in the United States against the loss of their deposits if an insured bank fails. Any person or entity can have FDIC insurance coverage in an insured bank.
Detailed explanation-4: -The FDIC insures deposits; examines and supervises financial institutions for safety, soundness, and consumer protection; makes large and complex financial institutions resolvable; and manages receiverships.