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
Sunny_sXe [5.5K]
3 years ago
15

How did the creation of the FDIC change the nature of banking in the United Stateside

History
1 answer:
mihalych1998 [28]3 years ago
4 0

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.

You might be interested in
Write down 5 interesting details about the Aztecs
Travka [436]

Answer:

The Aztecs would often bury their dead under their houses. The Aztecs were known to sell their children, or themselves, as slaves to pay off their debts. Aztec slaves could buy their freedom, so it was more like indentured servitude as opposed to the slavery that was rampant in the United States.

Explanation:

3 0
4 years ago
Someone plsss help me with this I will make you brain
Ivenika [448]

Answer

I think the answer is A olmec and chavin were mother cultures

7 0
3 years ago
1.What was the impact of the telegraph line on American society?
serg [7]
I'd have to say the first one is B, the second one I'm not completely sure about but I'd have to choose between A or C. I'll do some quick research and get back to you.
4 0
3 years ago
Read 2 more answers
Baptist seaman from rhode island in 1765 concept of god
Pepsi [2]
<span>“Enough! That is enough! Americans have changed from then to 1740, now too modern to share the image of their souls, helpless to the Divine Grace, or to acknowledge the sovereignty of our sole God, our Father. As a Baptist who has come a long way over the sea to Rhode Island, I believe piety must grow again for people to overcome their unfaithful values on rationality that do not come from the Holy Spirit. God is our only hope! We must acknowledge one baptism for the forgiveness of sin. Adults must be baptized for their sins, but the spirit of the clergy grows cold as they ordain ways that do not connect our individual souls to God, our emotions to our Father. Each person who reveals to God their faithfulness and reveals that the Holy Spirit dwells inside their souls shall reach salvation. Why is intellect so important to America now? Intellect is no glory in a corrupt soul. There is no greater glory than having one’s uncorrupted heart seen by the Divine Spirit. Therefore, only those educated, such as myself, in the truth must preach God’s word. The corrupt have no right to make it so men leave God’s only truly glorious church. We as people must treat one another as equal, thus hear each other’s voices, for that is what God wishes for us to do because salvation is for all souls. We are God’s people, thus, we must speak true; and you, modest farmer of 1640, are stuck in the days of God’s view on us as a people, but we as individual souls must seek communication with God, our Father.”</span>
8 0
4 years ago
George is studying Basque, a language spoken by a group of people who live in the Pyrenees mountain range between France and Spa
Nikitich [7]

Answer:

Cultural history because he is trying to understand about their native language

6 0
3 years ago
Other questions:
  • What step did China take during the Ming dynasty to isolate itself from the rest of the world?
    8·1 answer
  • What countries made up the triple alliance
    12·2 answers
  • Do you think the black cadets, who become airmen, were right to stick it out and continue to fight for their country? What would
    11·1 answer
  • Why does Lincoln worry about Kentucky, Missouri, Maryland and Delaware?
    13·1 answer
  • What battles was marquis de Lafayette in
    13·1 answer
  • Why do you think the United States was able to successfully fight a war on multiple fronts?​
    8·1 answer
  • 5. Identify Central Issues How did the religious
    13·1 answer
  • In the years following the French and Indian War, Britain taxed the colonies with the Sugar Act, the Stamp Act, and other simila
    11·2 answers
  • What chapter of the constitution that outlines the basic human right and freedom in<br>Kenya?<br>​
    10·1 answer
  • Help help plsss!! I’d really appreciate it!!
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!