Whether you're a student or a professional, IDNLearn.com has answers for everyone. Ask anything and receive thorough, reliable answers from our community of experienced professionals.

What is the purpose of the Federal Deposit Insurance Corporation?

A. To print money
B. To control monetary policy
C. To loan money to individuals
D. To insure bank deposits


Sagot :

Answer:

I think it's D

Explanation:

"The purpose of the FDIC was to ensure that people would not lose the money they had deposited in banks if those banks should fail. Early in the Great Depression, many banks failed."