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
Which of the following is an example of how the transition toward a more global economy affected the sale of goods? A. Africa's
romanna [79]

Answer:

D

Explanation:

7 0
3 years ago
Read 2 more answers
Which of the following statements best describes the importance of the Battle of Guadacanal ?
Evgesh-ka [11]

B. Allied forces began to take the offensive for the first time in the Pacific.

The offensive on Guadalcanal gave the Allies an important foothold with a very strategic airfield from which to launch missions from in the Pacific.

6 0
3 years ago
Which group established the village of Seattle? the Collins party the Denny party the Duwamish people the Coeur d'Alene people
Tomtit [17]

The correct answer is:

The Denny Party

The Denny Party, a group of American pioneers, which settled at Alki Point on November 13, 1851 and were credited with founding Seattle, Washington. Even though George Vancouver was the first European to visit this area in 1792, the date of the founding of Seattle is more related with the arrival of the Denny Party scouts in September 25, 1851.

7 0
3 years ago
What problems do you think such drastic economic changes, such as the five-year plans and collectivization, might have caused in
KIM [24]

Explanation Answer:

Collectivization led to terrible famines, especially in the Ukraine, that caused the deaths of millions. The third (1938–42) emphasized the production of armaments. The fourth (1946–53) again stressed heavy industry and military buildup, angering the Western powers.

6 0
2 years ago
After defeating German forces in North Africa, Allied leaders turned their attention to which of the following countries?
denis-greek [22]

Answer:

Italy

Explanation:

4 0
3 years ago
Read 2 more answers
Other questions:
  • The first Thanksgiving was held in 1621 and celebrated
    8·2 answers
  • Did religious diversity encourage conflict and violence between the Europeans and Native Americans?
    6·1 answer
  • Ten thousand french words were added to english during the?
    9·1 answer
  • As part of the war on terror, what action did the United States take in Afghanistan?
    15·1 answer
  • What was happening in New England that led to this meeting with John Easton?
    14·1 answer
  • Why was the Tennis Court Oath a significant event of the French Revolution? It solidified the people’s resolve for constitutiona
    8·1 answer
  • In this model of the rock cycle, A represents ———rock and B ———
    13·1 answer
  • Which best describes how the county unit system favored the traditional branch of the democratic government?
    12·1 answer
  • 9. What are the powers and constraints in government (federal, state, and local)?
    12·1 answer
  • Historians practice the skill of interpretation by:
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!