<span>People who rented land from wealthy landlords</span>
By insuring bank deposits up to $5,000.
The FDIC was a part of the New Deal programs of legislation during the presidency of Franklin Delano Roosevelt (FDR). FDR signed the measure into law in June, 1933. The program went into effect as of January 1, 1934. Banks soon learned they needed to enroll in FDIC or customers wouldn't come to their banks.
The Sherman Act also outlawed contracts, conspiracies, and other business practices that restrained trade and created monopolies within industries. For example, the Sherman Act says that competing individuals or businesses can't fix prices, divide markets, or attempt to rig bids
