Governments have taken major steps over the years to ensure the safety of banks and other financial institutions in order to protect the public's funds.

Question

Quizplus · Accepted Answer

Governments worldwide have implemented various regulations, insurance schemes (like the FDIC in the United States), and oversight mechanisms to ensure the stability and safety of banks and other financial institutions, thereby protecting the public's deposits and investments.

Governments Have Taken Major Steps Over the Years to Ensure