The Nixon "silent majority" is a large group of people in a country or group that doesn't express their opinions in media or publicly. They voted for Richard Nixon and helped him during presidential elections in 1969, and helped him win. He shaped his politics to accommodate "silent majority".
Answer:
True.
Explanation:
The Federal Deposit Insurance Corporation which is also generally referred to as the FDIC was a New Deal program introduced by President Franklin D. Roosevelt in 1933 and it was designed to prevent bank failures or bank runs and restore the public's faith in the banking system.
A bank run can be defined as a situation where bank clients or depositors make withdrawals of their money simultaneously from banks as a result of being scared or afraid the depository institution will run out of cash (bankruptcy) and become insolvent.
In order to counter the problem with bank runs, the Federal Deposit Insurance Corporation (FDIC) was established on the 16th of June, 1933.
Furthermore, to avoid bank runs or other financial institutions from being insolvent, the Federal Reserve (Fed) and Central banks (lender of last resort) are readily accessible and available to give monetary funds to these institutions when they're running out of money and as well as regulate their activities.
Im pretty sure its Shah.
if that helps make sure to mark as brainliest!
-procklown <3