How did the Banking Act of 1933 make banks more stable in the long run?

It separated commercial and investment banking.

It made bank runs and bank holidays illegal.

It created a system of regional federal banks to oversee local banks.

It required people to take out insurance on their bank deposits.

Question

How did the Banking Act of 1933 make banks more stable in the long run?

 It separated commercial and investment banking.

 It made bank runs and bank holidays illegal.

 It created a system of regional federal banks to oversee local banks.

 It required people to take out insurance on their bank deposits.

nurali · Answer

i think It created a system of regional federal banks to oversee local banks.