When the _____ was created, bank customers shifted their focus from concern about the excessive risks that banks take to the interest rates that banks pay on deposits.

Question

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The Federal Deposit Insurance Corporation (FDIC) was established to insure deposits at banks, reducing the risk to depositors if a bank fails. This shift allowed customers to focus more on the interest rates their deposits could earn rather than worrying about the safety of their deposits.

When the _____ Was Created, Bank Customers Shifted Their Focus