Answer:
C. worried the students needed to be protected
Answer:
Option C: Insures peoples' checking and savings account up to a certain dollar amount.
<h2 /><h2>What is the FDIC?</h2>
The FDIC, also known as the Federal Deposit Insurance Corporation, is a public corporation that was established in 1933 as one of Roosevelt New Deal programs to help build America's economy again and help the country through the ending stages of the Depression. The purpose of the FDIC is too insure, up to a specified amount, all demand deposits of member banks.
So in other words, it protects depositors of insured banks against loss of their deposits if the bank fails.
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Answer:
Constitutionalism is a political movement and philosophy that states that the ruling power is bound to respect certain rights of its subjects. According to modern constitutionalism, the form of government must be based on a constitution.
Constitutionalism includes both the empowerment and the limitation of power, both granting power and specifying its scope and purpose. Constitutionalism is considered to promote the principles of the rule of law, the principle of predictability, and to prevent arbitrary administration of justice. According to constitutionalism, laws and judgments in countries with common law can be declared invalid because they are contrary to the constitution if it is done in accordance with the principle of transparency, usually by a constitutional court or a court with similar jurisdiction.