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marusya05 [52]
3 years ago
15

Describe the impacts of the following New Deal programs:

History
1 answer:
DanielleElmas [232]3 years ago
8 0

<u>Federal Deposit Insurance Corporation FDIC</u> was created in 1933 and it insures deposits in banks and thrift institutions. FDIC increased the confidence of the citizens who have their money invested in banks and thrift institutions.  

<u>Securities and Exchange commission</u> was formed in 1934 to regulate securities market. It is a federal government agency that is responsible for protecting investors ensuring the fairness of securities market. SEC gives confidence to investors by protecting them from manipulative practices in the market.  

<u>Social Security Administration</u> is an independent federal government agency that offers social security to citizens. Social security is a social insurance program that includes retirement, disability and survivor’s benefits.

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