The function of the Federal Deposit Insurance Corporation is to

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The Federal Deposit Insurance Corporation (FDIC) is a government agency that provides insurance for bank deposits. It was created in 1933 as a response to the widespread bank failures during the Great Depression. The FDIC insures deposits up to a certain amount, which gives consumers confidence that their money is safe in a bank. This helps promote stability in the banking system and protects consumers from losing their savings due to bank failures.

The Function of the Federal Deposit Insurance Corporation Is to