Question 697 • [INMT3] Integrated Math 3 Sem 1 (26-27)
Banking regulation under the New Deal included the Banking Act of 1933, which created the Federal Deposit Insurance Corporation (FDIC). The FDIC insures bank deposits, helping protect customers if a bank fails. The National Recovery Administration, Civilian Conservation Corps, and Public Works Administration were New Deal agencies, but they did not regulate bank deposits.
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