What established the Federal Deposit Insurance Corporation (FDIC), with the greater goal of restoring public confidence in the banking system?

Agricultural Adjustment Act

National Industrial Recovery Act

Glass-Steagall Banking Act

Federal Securities Act

Question

01-01-2016
History

Answered

What established the Federal Deposit Insurance Corporation (FDIC), with the greater goal of restoring public confidence in the banking system?

Agricultural Adjustment Act

National Industrial Recovery Act

Glass-Steagall Banking Act

Federal Securities Act

Verified Answer :

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HistoryGuy HistoryGuy · Answer 1 · 2016-01-07T23:44:34-05:00

HistoryGuy HistoryGuy

07-01-2016

It was the "Glass-Steagall Banking Act" that established the Federal Deposit Insurance Corporation (FDIC), with the greater goal of restoring public confidence in the banking system, since many Americans before this did not trust banks with their money.

Answer Link

What established the Federal Deposit Insurance Corporation (FDIC), with the greater goal of restoring public confidence in the banking system?Agricultural Adjustment ActNational Industrial Recovery ActGlass-Steagall Banking ActFederal Securities Act

Verified Answer :

Related Questions

What established the Federal Deposit Insurance Corporation (FDIC), with the greater goal of restoring public confidence in the banking system?

Agricultural Adjustment Act

National Industrial Recovery Act

Glass-Steagall Banking Act

Federal Securities Act