FDIC provided stability to the economy and the failing banking system.
<u>Explanation:</u>
FDIC is an insurance corporation started by the Federal Reserve. The Great Depression's effect by the stock market crash in 1912 existed until the Federal Reserve started this FDIC. The stock market crash resulted in the termination of many banks.
People started to run towards the banks to get their money back. FDIC was started by President Franklin D Rosevelt. It was created to cover the deposited amounts in the banks by the depositors. It provided stability for the country's economy and also the failing banks.
Also, prevented the banks and people from the bank failing panics. This led the banks to increase the lending money without a proportionate rise in the loan losses. That, in turn, resulted in a significant rise in the banks' assets.
Answer is true. Hope this helped
The Spanish Conquistadors arrived in Tenochtitlan in 1519
Answer:
Correct answer is B. He commanded the forces that preferred death over surrender in defending the Alamo
.
Explanation:
A is not correct as General Sam Houston was leading the forces that defeated Santa Anna in this battle.
B is correct as Travis died together with his man while defending Alamo.
C is not correct as general James Fannin was the one that was leading the Texan forces.
D is also not correct as this doesn't refer to Travis who was a soldier not a politician.
Answer:
The death of Elijah Lovejoy in 1837 convinced many northerners that slavery was incompatible with white Americans' liberties.
Explanation:
Elijah Parish Lovejoy was an American journalist and abolitionist who was killed in Alton, Illinois, for attempting to defend his press against rioters in favor of slavery.
On three occasions, the presses used by Lovejoy had been destroyed by rioters. Refugee in his printing press, he tried this time to resist, weapon in hand. The rioters managed to fire the building, however, before shooting at Lovejoy as it fled the burning building. His death sparked a national controversy between abolitionists and anti-abolitionists. Attorney Wendell Phillips defended the printer in a speech delivered at Faneuil Hall in Boston on December 8, 1837, elevating him to the rank of champion of the freedom of press.
