The most important function of the FDIC is it-

Law

1 answer:

Alina [70]2 years ago

6 0

Answer:

Option C: Insures peoples' checking and savings account up to a certain dollar amount.

The FDIC, also known as the Federal Deposit Insurance Corporation, is a public corporation that was established in 1933 as one of Roosevelt New Deal programs to help build America's economy again and help the country through the ending stages of the Depression. The purpose of the FDIC is too insure, up to a specified amount, all demand deposits of member banks.

So in other words, it protects depositors of insured banks against loss of their deposits if the bank fails.

#SPJ2

You might be interested in

Is there a gang problem in your community?If not,what steps should be taken to prevent such a problem?If there a problem ,how do

Fynjy0 [20]

You should leave the neighborhood

just cause you don’t like something doesn’t mean it’s going to change or stop.

it’s their lifestyle, probably not your liking but it’s not you.

my opinion!!

3 0

3 years ago

A small city has decided that members of a group must register in order to approach people asking for signatures against the bui

iogann1982 [59]

Answer:

Federal District Court

Explanation:

The first case would likely start in the Federal District Court and could be appealed to the State Supreme Court and United States Supreme Court. As seen in <em>Mahanoy Area School District v. B.L. </em>the school district which suspended a girl for vulgar speech off school grounds started their case in the federal court of Middle District of Pennsylvania and eventually appealed all the way to the Supreme Court.

Edit: <em>Mahanoy Area School District v. B.L. </em>did not appeal to the State Supreme Court likely because the First Amendment is a federal law and not state law.

5 0

2 years ago

In what way did larger states feel they were disadvantaged by the articles of confederation leading them to push for the constit

labwork [276]

Answer:

they wanted to be thier own country but america didn't let that happen

Explanation:

6 0

3 years ago

Which of the following best describes the image and its creator?

Lena [83]

Answer: