The Federal Reserve System was designed to prevent a repeat of the 1907 banking crisis.
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Q81: Commercial banks, savings and loan associations, and
Q82: In the 1930s, during the Great Depression,
Q83: A demand deposit is the technical name
Q84: Commercial banks offer services to depositors and
Q85: A savings account represents a demand deposit.
Q87: Prior to the establishment of the Federal
Q88: Bank crises tend to correlate with economic
Q89: All federally chartered banks are members of
Q90: The Federal Reserve System enabled the U.S.
Q91: During the Civil War, gold and silver
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