The experiences of the early 1930s taught bank regulators to respond to widespread economic panic with

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The early 1930s, particularly the Great Depression, highlighted the need for increased liquidity and federal guarantees for bank deposits to prevent bank runs and restore public confidence in the banking system. This led to the establishment of measures like the Federal Deposit Insurance Corporation (FDIC) in the United States.

The Experiences of the Early 1930s Taught Bank Regulators to Respond