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dec 27, 1933 - Guarantee of safe deposit of money in banks

Description:

FDIC insurance became effective on this day providing depositors with $2500 in coverage to give public confidence and stability to the banking system history shows that only 9 banks failed in 1934 compared to the 9000 failed in the years before.

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Unit 2 Populism Time Line

ByMikazuki Agus
22 Mar 2022
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Date:

dec 27, 1933
Now
~ 91 years ago
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