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GREYUIT [131]
2 years ago
8

In an effort to prevent future financial crises like the stock market crash of 1929, in the 1930s Congress: Multiple Choice pass

ed the American Anti-Corruption Act. formed the FDIC. passed the Bubble Act. formed the Federal Reserve Bank.
Business
1 answer:
kumpel [21]2 years ago
6 0

In an effort to prevent future financial crises like the stock market crash of 1929, in the 1930s Congress formed the FDIC.

<h3>What is the FDIC?</h3>

The Federal Deposit  Insurance Corporation (FDIC) was formed by th Congress after the stock market crash of 1929.Bank run was attributed to be one of the causes of the great depression. The FDIC increases confidence of depositors in banks because they insure the deposit of bank customers.

To learn more about the federal deposit insurance corporation, please check: brainly.com/question/827771

#SPJ1

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