24 ene 1934 año - Federal deposit insurance becomes effective following the establishment of the FDIC the previous year.
Descripción:
This was put into place during the great depression following the failure of countless banks . While there had been multiple depressions before the impetus to finally guarantee peoples deposit came during the depression of the 1930's .This guaranteed the safety of people's deposit's . It showed be noted that this date reflects the adoption of what had been a populist proposal on a federal level only . After the panic of 1907 several states had adopted legislation guaranteeing peoples deposits .
Añadido al timeline:
fecha:
24 ene 1934 año
Ahora mismo
~ 91 years ago