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What Did the Glass-Steagall Act of 1933 Do to Boost

Question 36

Multiple Choice

What did the Glass-Steagall Act of 1933 do to boost American confidence in the banking system?


A) It established closer ties between investment and commercial banking.
B) It instituted regular bank holidays.
C) It created the FDIC to insure bank deposits.
D) It provided insurance to banks in the event of another stock market crash.

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