09-11-2020
History

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Explain the significance of the Glass-Steagall Act and the FDIC

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romelkayam romelkayam

09-11-2020

Explanation:

The FDIC was created by the 1933 Glass-Steagall Act. its goal was to prevent bank failures during the great depression. after the stock market crashed in 1929, customers rushed to their banks to withdraw their deposits.

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