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makvit [3.9K]
4 years ago
5

5. Describe the risks and safeguards in the U.S. banking system.

History
1 answer:
Semmy [17]4 years ago
4 0

Answer:

The first is the Federal Deposit Insurance Corporation. The FDIC insures individual deposits up to $100,000 in the case of a bank collapse. This measure is supposed to inspire confidence in the public that the money it deposits in a bank will not be lost, despite unforeseen events. A second safety measure is a system of bank checks and audits by the government to ensure that prudent banking practices are being observed. These are simply very detailed examinations of bank records and dealings. The third safeguard is the regular verification that banks' holdings meet reserve requirements.

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<em>If you were to subsidize to keep prices low, consumers would benefit exclusively because the would pay a fixed rate for their farm products. On the other hand farmers would be affected because we don't know many factors that would influence this decission. Some of these factors may be.</em>

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