1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alborosie
3 years ago
8

What is the purpose of the Federal Deposit Insurance Corporation (FDIC)?

History
2 answers:
CaHeK987 [17]3 years ago
8 0
<span>to make sure that banks charge a fair amount of interest on loans</span>
pantera1 [17]3 years ago
8 0

The purpose of the Federal Deposit Insurance Corporation (FDIC) is to make sure that customers do not lose money if a bank fails. Option C is correct.

The objective of the Federal Deposit Insurance Corporation (FDIC) is to provide stability to U.S. banks and depositors in order to prevent a banking panic.  The FDIC pledges that if a bank shuts down, depositors will still be paid, so that people will not be concern that their money will disappear.

You might be interested in
What was Jefferson’s view towards slavery
antoniya [11.8K]

Like other slave-owning presidents, Jefferson brought slaves to work in the White House. He offered James Hemings, his former slave freed in 1796, the position of White House chef. Hemings refused, although his kin were still held at Monticello.

7 0
2 years ago
Read 2 more answers
Why were many American colonist opposed to the stamp act
gladu [14]
The stamp act made taxes on everyday necessities like food and drinks, and such. 
6 0
2 years ago
Read 2 more answers
Which of the following was not reason for westward expansion?
mr_godi [17]
D. A desire to live in harmony with the native people
6 0
3 years ago
One of the main problems with the Indian reservation system was that government agents
olga55 [171]
Took land from settlers to give to American Indians.
An Indian reservation is a legal designation for an area of land managed by a Native American tribe under the US Bureau of Indian Affairs, rather than the state governments of the United States in which they are physically located
hope it helps

6 0
3 years ago
Read 2 more answers
Which army was larger (during mongols time)
kondor19780726 [428]

Answer:

Are there any answer options?

Explanation:

7 0
2 years ago
Other questions:
  • Your friend asks for your help examining research documents. You tell your friend it is necessary to determine the relevance and
    15·2 answers
  • India was partitioned into at least two countries, what was the cause of the splitting of India?
    12·1 answer
  • Reasons why early colonists came to what became the English colonies
    8·1 answer
  • America’s interest on the Atlantic side of its coasts extended all the way to Spain.
    9·2 answers
  • Major areas of the world were affected by flu of 1918
    11·1 answer
  • Which of the following events did NOT take place in 1919?
    10·2 answers
  • The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the State
    10·2 answers
  • Select the correct answer.
    9·1 answer
  • Sir Edwin Sandys tried to solve the labor shortage in Jamestown through
    11·1 answer
  • Name three events that led directly to germanys surrender
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!