By insuring bank deposits up to $5,000.
The FDIC was a part of the New Deal programs of legislation during the presidency of Franklin Delano Roosevelt (FDR). FDR signed the measure into law in June, 1933. The program went into effect as of January 1, 1934. Banks soon learned they needed to enroll in FDIC or customers wouldn't come to their banks.
The Black Death is widely believed to have been the result of plague, caused by infection with the bacterium Yersinia pestis. Modern genetic analyses indicate that the strain of Y. pestis introduced during the Black Death is ancestral to all extant circulating Y. pestis strains known to cause disease in humans. Hence, the origin of modern plague epidemics lies in the medieval period. Other scientific evidence has indicated that the Black Death may have been viral in origin. (britannica.com)
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Other checks and balances include:. Executive over the judicial branch. The president appoints all federal judges. legislative branch must approve appointments that the president makes; the Senate must approve treatjes that the president makes; and the legislative branch may investigate the executive branch.
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