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
swat32
3 years ago
9

A major purpose of the fdic (federal deposit insurance corporation) during the 1930s was to

History
2 answers:
AleksandrR [38]3 years ago
7 0
<span>A major purpose of the FDIC during the 1930's was to </span>strengthen consumer confidence in the banking system.
zheka24 [161]3 years ago
6 0

A major purpose of the FDIC (Federal Deposit Insurance Corporation) during the 1930s was to <u>strengthen consumer confidence in the banking system.</u>

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 FDIC, with the purpose to provide stability to the U.S.'s economy and strengthen American confidence in the banking system again.

The FDIC provided deposit insurance to depositors in U.S. commercial banks and savings institutions, in case that a bank failed, and regulated some banking practices.

You might be interested in
Which strategy do companies use for their financial benefit? is a business strategy that companies use to reduce .
nignag [31]

Answer: outsourcing; cost.

Explanation:

5 0
3 years ago
Why did many native american groups agree to make alliances with cortes?
loris [4]
Because they <span>They resent to Aztec who had conquered them and demanded tribute to support the lavish of Aztec cities.
The leader of the Aztec of that time oppressed the member of their group with tyrannical rules. The resentment build up over the years and Cortez saw this as an opportunity to gained new reinforcement armies.</span>
6 0
3 years ago
What conclusion can be drawn from the graph about the demand for books?
V125BC [204]

The conclusion drawn from the graph about the demand for books is that its has grew significantly over the centuries.

<h3>What is Demand?</h3>

Demand refers to the willingness to buy a product at a particular amount at a given period of time/

For the graph, the conclusion drawn from therein about the demand for books is that its has grew significantly over the centuries.

Therefore, the Option C is correct.

Read more about Demand

<em>brainly.com/question/13369401</em>

8 0
3 years ago
Identify and briefly explain the Five Pillars of Islam. (Five Pillars of Islam)
tester [92]

The core of Islamic law is expressed in five basic precepts, which are known as the Five Pillars of Islam that every good Muslim must honor. These are:

1. Declaration of faith. The believer must recite the following statement in order to become a Muslim, and also during the most significant events in life: <em>There is only one God and Muhammad is his messenger</em>.  

2. Prayer. Muslims pray five times a day at specific hours and facing in the direction of Mecca. Praying can be performed anywhere, but, on Fridays, the afternoon prayer must be said at the mosque.  

3. Alms-giving. Muslims can give spontaneously in order to please God, but, those who can also afford it, must give ten percent of their income (<em>zakat</em>).

4. Ritual fasting during the month of Ramadan. During this month (in which the Quran was revealed) Muslims must refrain from eating, drinking and having sexual relationships from dawn to dusk.  

5. Pilgrimage to Mecca. Every adult Muslim that can afford it is obliged to make this pilgrimage at least once in his or her lifetime.    

3 0
3 years ago
Read 2 more answers
The Constitution contains no Bill of Rights to protect individual liberties like freedom of speech, trial by jury, and the right
givi [52]

Answer:

i agree the constitiution only focus on the need of the goverment  and igornes the need of the people

Explanation:

8 0
3 years ago
Other questions:
  • Why was the Battle of Gettysburg considered the beginning of the end for the Confederacy?
    12·1 answer
  • One and two hundred fifty three thousandths in standard. form
    5·1 answer
  • When did Martin Luther King, Jr. deliver his famous "I Have a Dream" speech?
    6·2 answers
  • Shays' Rebellion was significant because it
    8·2 answers
  • in the nineteenth century, people put their ears to a railroad track to get an early warning of an approaching train. Why did th
    12·1 answer
  • I need to know this but im not that sharp
    11·1 answer
  • Which of the following was a goal of European conservation in the early 1800
    6·1 answer
  • los gobiernos pueden hacer lo que quieran con la gente' incluida la tortura y la muerte, se llaman...​
    5·1 answer
  • Why did farmers dislike pools in rebates that the railroads were doing
    11·1 answer
  • Racism is so embedded in our lives that even everyday expressions that might seem innocuous are in fact examples of the pervasiv
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!