What was the role of the US government in the banking industry at beginning of the Depression?

Federal agencies forced banks to close if they could not insure all of their accounts.
The government passed laws to provide insurance on individual accounts.
Individual banks were inspected and supervised by agents of the government.
The government had little involvement with monitoring the health of banks.

Question

What was the role of the US government in the banking industry at beginning of the Depression?

Federal agencies forced banks to close if they could not insure all of their accounts.
The government passed laws to provide insurance on individual accounts.
Individual banks were inspected and supervised by agents of the government.
The government had little involvement with monitoring the health of banks.

anonymous · Answer

http://www.answers.com/Q/What_statement_best_describes_the_US_government's_role_with_the_banking_industry_at_beginning_of_the_Depression Just click that(: