what is the purpose of the federal deposit insurance corporation? a. to keep banks on the gold standard b. to protect depositors from the loss c. to charter state banks

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06-06-2015
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what is the purpose of the federal deposit insurance corporation? a. to keep banks on the gold standard b. to protect depositors from the loss c. to charter state banks

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HistoryGuy HistoryGuy · Answer 1 · 2015-06-10T13:28:45-04:00

HistoryGuy HistoryGuy

10-06-2015

The primary purpose of the federal deposit insurance corporation is to "protect depositors from the loss". This also inspires confidence in the economy as a whole.

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