They provide the nation with a safe, flexible financial system. they Help regulate banking institutions and protecting the credit rights of consumers basically maintaining the stability of the financial system. When and if the bank fails, the FDIC must collect and sell the assets of the failed bank and settle its debts. reimbursing all of your money up to $250,000 in Each Bank.
If we was to experience a national bank failure. The current country will go into a depression. Think About the great depression of the United States back in early 1900s. It began as soon as the stock market crashed in October 1929, which sent Wall Street into a panic and wiped out millions of investors. All of the banks were rammed and everyone was withdrawing their deposits due to the panic. With the stock market crash and the panic of 1929 the federal reserved had no control over anything.
Since its 2019, and we live in a more violent century. I personally believe the riots of president trump compared to the up-rise that would become wouldn't be comparable.
Conclusion:
The Federal Reserved Would Be Directly Be Related To The Failure Of The Banks Because They Control The Bank System By Maintaining The Stability Of The Financial System Or In This Case The Banks If It Fails. It Would Affect Everything They Stand For.
Flagpole sitting is the cprrect answer
Australopithecus africanus is the scientific name fror southern ape
Answer:
The last five decades comprise the period from 1970 to 2020. Three achievements are of great importance:
- Massification of personal computers: helped by Bill Gates' Microsoft and Steve Jobs' Apple, personal computers became common in offices in the late 1980s, and common in households in the early and mid 1990s, increasing productivity, and literally chaging the world.
- Internet: the internet was not invented in the last five decades but it became a mass service in the late 1990s. Without the internet, computers (and nowadays smartphones) would not be as powerful and important. The internet has changed every single aspect of our lives, from the way we communicate to the way we work.
- The end of the Cold War: this is a political and economic achievement, not a technological one like the previous two. However, it is still of great importance. Starting with the fall of the Berlin Wall in 1989, and ending with the collapse of the Soviet Union in 1991, the end of the Cold War marked the origin of the world order in which we live today, a world order where capitalism and representative democracy are considered the best alternatives for economic and social organization.
