Describe the risks and safeguards in the us banking system
Asked by maham237 @ in History viewed by 309 People
Asked by maham237 @ in History viewed by 309 People
Answered by maham237 @
Answer:
The first is the Federal Deposit Insurance Corporation. The FDIC insures individual deposits up to $100,000 in the case of a bank collapse. This measure is supposed to inspire confidence in the public that the money it deposits in a bank will not be lost, despite unforeseen events. A second safety measure is a system of bank checks and audits by the government to ensure that prudent banking practices are being observed. These are simply very detailed examinations of bank records and dealings. The third safeguard is the regular verification that banks' holdings meet reserve requirements.
Asked by admin @ in History viewed by 394 persons
Asked by admin @ in English viewed by 385 persons
Asked by admin @ in Biology viewed by 290 persons
Asked by maham237 @ in Physics viewed by 314 persons
Asked by admin @ in Biology viewed by 295 persons
Asked by admin @ in Computer Science viewed by 297 persons
Asked by admin @ in Biology viewed by 380 persons
Asked by admin @ in Computer Science viewed by 351 persons
Asked by maham237 @ in History viewed by 330 persons
Asked by maham237 @ in Advanced Placement (Ap) viewed by 2526 persons
Asked by admin @ in Biology viewed by 300 persons
Asked by admin @ in Biology viewed by 286 persons
Asked by admin @ in Science viewed by 293 persons
Asked by maham237 @ in Health viewed by 299 persons
Asked by maham237 @ in Health viewed by 381 persons
Asked by admin @ in History viewed by 11325 persons
Asked by admin @ in History viewed by 3193 persons
Asked by maham237 @ in History viewed by 2524 persons
Asked by admin @ in History viewed by 2257 persons
Asked by maham237 @ in History viewed by 1952 persons
Asked by maham237 @ in History viewed by 1746 persons
Asked by evette57 @ in History viewed by 1679 persons
Asked by maham237 @ in History viewed by 1661 persons
Asked by wiki @ in History viewed by 1646 persons
Asked by admin @ in History viewed by 1405 persons
Asked by maham237 @ in History viewed by 1367 persons
Asked by admin @ in History viewed by 1360 persons