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
What was the first animated film to be nominated for an academy award for best picture?.
viktelen [127]

Answer:

<u>The magnificent beauty and the beast</u> was the first animated film to be nominated for an academy award for best picture.

Hope this helps!

7 0
2 years ago
Why do people not support the failed child labor amendment?
RUDIKE [14]
Bc they're probably slow.
there's nothing wrong with working lol
6 0
4 years ago
Read 2 more answers
Based on the passage, what is the purpose of the declaration of independence?
Ganezh [65]
The answer to the question: <span>what is the purpose of the declaration of independence? is,
</span>
To justify and declare independence, and elaborate on the freedoms of the people to the king of England, the colonists themselves, and foreign nations.
3 0
3 years ago
How do you think the Native Americans Lewis and Clark encountered felt about them?
Alex17521 [72]

Answer:

Brainiest

Explanation:

While Lewis and Clark were the first Americans to see much of what would become the western United States, those same lands had long been occupied by native peoples.

Over the course of the expedition, the Corps of Discovery would come into contact with nearly 50 Native American tribes. Quickly, the captains learned how many different definitions there really were for the word “Indian.” The Mandans lived in earth lodges, farmed corn, and were amenable to trade with America. The Teton Sioux slept in tepees, hunted buffalo, and guarded their territory fiercely against anyone who passed through, whether foreign or Indian. Some tribes had never seen a white or black man before Lewis and Clark. Others spoke bits of English and wore hats and coats they received from European sea captains.

6 0
3 years ago
*
Scorpion4ik [409]

Answer:

A they gained the Philipines, Guam and Puerto Rico, and Guantanamo Bay

Explanation:

7 0
3 years ago
Other questions:
  • Which Year was America Discovered?​
    6·2 answers
  • Identify the nation that exerted imperial control over India, impacting their language and religious beliefs.
    6·1 answer
  • Which of these is the BEST explanation of the impact railroads played on the growing trend of urbanization in the early-to-mid-1
    11·2 answers
  • Some activities done during independent day<br>​
    15·1 answer
  • Who is Goals does this declaration represent
    5·1 answer
  • List three reasons why the united states entered world war 1
    15·1 answer
  • Which of these would be considered human capital?
    7·1 answer
  • HURRY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
    15·2 answers
  • Why is Article 6, which declares that the Constitution is the "supreme law of the land," so important?
    14·1 answer
  • HELP A GIRL ASAP PLEASE
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!