In the 1930s, during the Great Depression, the government started an insurance program to protect the public from bank failures.

Name: In the 1930s, during the Great Depression, the government started an insurance program to protect the public from bank failures.
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This insurance program is known as the Federal Deposit Insurance Corporation (FDIC) and was established in 1933 in response to the numerous bank failures of the time period.

In the 1930s, During the Great Depression, the Government Started