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Ferderal Deposit Insurance Corporation

Published on Nov 23, 2015

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PRESENTATION OUTLINE

FERDERAL DEPOSIT INSURANCE CORPORATION

FDIC was created in 1933

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WHY THE FDIC WAS CREATED

  • It was created because many bank failures
  • Bank failures occurred in the 1920's and early 1939's
  • Made it possible for Americans to trust banks so they would deposit money in the banks

WHO DID IT AFFECT/ BENIFIT

  • It affected Americans to trust banks so they would deposit money in the banks
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WHY WAS IT CONSIDERED SUCCESSFUL

  • banking system running with a minimum of interference
  • People didnt lose their hard working money if there were bank failures
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IS THE FDIC STILL AROUND TODAY?

  • Yes the FDIC is still around today
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WORK CITED

  • "Federal Deposit Insurance Corporation." FDIC: Who Is the FDIC? N.p., n.d. Web.
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