How did the Banking Act of 1933 make banks more stable in the long run?
It separated commercial and investment banking.
It made bank runs and bank holidays illegal.
It created a system of regional federal banks to oversee local banks.
It required people to take out insurance on their bank deposits.

The Banking Act of 1933 was a banking reform that was enacted upon the failure of said banks during the great depression. This act prevented commercial banks to invest in a business and enacted more strict regulations.

Answer Link

bowtie123 bowtie123 · Answer 2 · 2018-11-23T22:11:37+01:00

bowtie123 bowtie123

23-11-2018

it's atleast It separated commercial and investment banking.

out of all choices

Answer Link

How did the Banking Act of 1933 make banks more stable in the long run? It separated commercial and investment banking. It made bank runs and bank holidays illegal. It created a system of regional federal banks to oversee local banks. It required people to take out insurance on their bank deposits.

Respuesta :

Otras preguntas

How did the Banking Act of 1933 make banks more stable in the long run?
It separated commercial and investment banking.
It made bank runs and bank holidays illegal.
It created a system of regional federal banks to oversee local banks.
It required people to take out insurance on their bank deposits.