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Sveta_85 [38]
3 years ago
5

Which item best completes the chart?

History
2 answers:
Mamont248 [21]3 years ago
7 0

Answer:

<u>C. Protect citizens form bank failures</u>

Explanation:

In the early 1930s, almost 1/3 of American banks had collapsed and failed, and American consumers had lost trust in the banking system. As a response to this, Roosevelt's administration created the 1933 Banking Act, which formed the New Deal Agency The Federal Deposit Insurance Corporation.

The main goal of this agency was to protect citizens from bank failures by providing deposit insurance to depositors in U.S. commercial banks and savings institutions in case that a bank failed, and by regulating some banking practices.

OverLord2011 [107]3 years ago
6 0

Answer:c

Explanation:

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Option C is the correct answer.

<h3>What is a local government?</h3>

Local government is the type of government that helped the individuals of the district in providing the services related to their everyday lives.

When the local government put restrictions on the licensing laws, then it would be benefitted to the existing local businesses as they do not face any competition from its rivalries. But it hurts the local business as well because new business entities would not enter the markets.

Therefore, the local business would be helped as well as hurt by putting licensing restrictions by the local government.

Learn more about the local government or municipality in the related link:

brainly.com/question/1360096

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