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Test your knowledge of the Great Depression in the U.S., its causes, devastating impact on society and economy, and the New ...
The Federal Deposit Insurance Corporation (FDIC) was established in 1933 during the Great Depression. By insuring bank deposits, the government tries to promote stability in the financial system ...
The Great Depression began with “Black Tuesday” on Oct. 29, 1929, when a panic selloff triggered a stock market collapse, wiping out thousands of investors who had borrowed heavily.
In March 2023, the collapses of Silicon Valley Bank (SVB) and Signature Bank—two of the largest U.S. banks to fail since the Great Depression of the 1930s—led some to wonder if the nation was ...