A bank account which accrues interest in exchange for use of the money on deposit. The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the Congress to maintain stability and public confidence in the nation’s financial system. Oh no! If an FDIC-insured institution fails, then the FDIC steps in to protect insured funds.When a failure occurs, the FDIC takes one of two steps. The FDIC is a corporation in the US that insures deposits in national banks and financial institutions against bank failure. Feminism definition us history quizlet. The 27 Amendments Flashcards Quizlet American Government. DEFINITIONS As used in this Act-- Enter information like the name of the bank, its location, and its web address, and it should show up in the search if it is FDIC-insured. A corporation owned by the United States government that insures bank deposits up to a certain level, so as to reduce pressure for bank panics.Created by the Glass-Steagal Act of 1933, the FDIC backs all bank deposits and some retirement accounts with the full faith and credit of the United States up to either $100,000 or $250,000, depending on the type of account. Start studying APUSH Ch. a 2nd New Deal agency that provided the unemployed with jobs in construction, garment making, teaching, the arts, and other fields in 1935. An endorsement on commercial paper naming no payee and so payable to the bearer. In 2007, problems in the subprime mortgage market precipitated the worst financial crisis since the Great Depression. Federal Deposit Insurance Corporation (FDIC) agency created in 1933 that insures individual bank accounts, protecting people against losses due to bank failures Federal Securities Act 3. sentiment was still common) and partly because Americans were happy with Republicans and then-prospering economy, nickname of October 29, 1929, when stock prices fell sharply, group of WWI veterans and their families who marched on Washington, DC, in 1932 to demand immediate payment of a bonus they had been promised for military service; they were sent away forcefully by Hoover, project built on the Colorado River during the Great Depression as part of a public-works program intended to encourage business and provide jobs for the unemployed, purchasing stocks by paying only a small percentage of the price and borrowing the rest, an arrangement that allows you to buy something now and pay later, often on an installment plan that requires interest payments, the giving of money or food by the government directly to needy people, a measure based on the prices of the stocks of 30 large companies (a number that is usually used to measure the overall health of the stock market), a region, including TX, Oklahoma, Kansas, Colorado, and New Mex., that was made worthless for farming by drought and dust storms during the 1930s (an environmental disaster), 1931 law that lowered home mortgage rates and allowed farmers to refinance their loans and avoid foreclosure (to renegotiate with banks so they wouldn't lose their homes), 1929 to 1940; when the US economy was in severe decline and millions of Americans were unemployed, 1930 law that established the highest protective tariff in US history, worsening the depression in America and abroad, Republican president elected in 1928 who took a lot of the blame for the depression (even though the causes were in place before his presidency); he took some bold action to try to end the depression rather than maintaining a laissez-faire approach as most Republican wanted, a policy of keeping prices above a certain level through government intervention, agency established in 1932 to provide emergency financing to banks, life-insurance companies, railroads, and other large businesses, neighborhood of makeshift shacks (nicknamed Hoovervilles during the Depression), place where free or low cost food is served to the needy, involvement in risky business deals in an effort to make a quick, large profit, 1933 law that raised crop prices by paying farmers to leave a certain amount of their land unplanted; declared unconstitutional, a New Deal agency developed in 1933 that put young unemployed men to work building roads, developing parks, planting trees, and helping in erosion- and flood-control projects, Congress of Industrial Organizations (CIO), a labor organization of industrial unions, founded in 1938, that merged with the AFL in 1955, the act of (a government) spending more money than it collects in taxes (this results in government debt), FDR's wife and a major leading figure for civil rights for blacks & women's rights in the US and later for human rights worldwide, Federal Deposit Insurance Corporation (FDIC), agency created in 1933 that insures individual bank accounts, protecting people against losses due to bank failures, 1933 law that required corporations to provide complete, accurate information on all stock offerings, first female Cabinet member (Secretary of Labor for FDR); oversaw much of the creation of Social Security, the only president to be elected four times (1932, 36, 40, and 44) during the Depression and WWII, 1933 law that established the Federal Deposit Insurance Corporation to protect individuals' bank accounts and that prevented banks from making risky investments, Governor of Louisiana & the most serious challenge to the New Deal; his Share-Our-Wealth program suggested dramatically redistributing money from the rich to the poor; assassinated in 1935, FDR's commissioner of Indian affairs; ended the assimilation policies under the Dawes Act and granted Indians much greater freedom, organizer of a "Black Cabinet" who advised FDR on racial issues; headed the Division of Negro affairs of the National Youth Administration, 1933 law that tried to reduce competition, establish codes of fair practice for industries, and to promote industrial growth, agency created by the Wagner Act to prevent unfair labor practices and to mediate disputes between workers/unions and management. 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