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To Protect Citizens from Losing Their Savings, the Federal Govemment Formed the Federal Depositinsurance Corporation (FD/C) During

Question

To protect citizens from losing their savings, the federal govemment formed the Federal Depositinsurance Corporation (FD/C) During which national orisis did this occur? the Cold War the Great Depression ww wwll

Solution

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Answer

The FDIC was formed during the **Great Depression**.