Question

I GIVE MEDALS !!&NEED MORE THEN ONE OPINION
Why did FDR create the Federal Deposit Insurance Corporation (FDIC) and the Securities and Exchange Commission (SEC)?
a. to provide employment payments to the unemployed
b. to raise funds for recovery programs
c. to implement the new income tax amendments
d.to limit risks associated with savings and investments

Answer 1

@Annie7077

Answer 2

http://www.allgov.com/departments/independent-agencies/federal-deposit-insurance-corporation-fdic?agencyid=7426 <-- Along with statement, "The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the federal government responsible for insuring deposits made by individuals and companies in banks and other thrift institutions. The FDIC insures deposits up to $250,000. The agency also identifies and monitors risks to its deposit insurance funds and tries to limit the effects on the U.S. economy if a bank of thrift institution should fail." Saying that, I would choose choice D. c:

Answer 3

D.

Answer 4

Also 4 future reference, deposit is basically the same as savings/investments