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The banking act of 1933, also known as the glass-steagall act, established the federal deposit insurance corporation (fdic), which a protected banks from failure by ensuring that the government would bail them out if necessary. b required american taxpayers to establish an account with a commercial bank. c protected depositors from financial losses when banks failed.

How did ellis island and angel island play a significant role in the late 1800s

In referencing madison, provide at least two reasons explaining why a republic can do a better job of controlling the effects of faction than a pure democracy.