Read interesting facts about the Banking Act of 1933, or the Glass-Steagall Act. It prohibited commercial banks from engaging in the investment business and created the Federal Deposit Insurance Corporation (FDIC).

Additional Tags

american historama: glass-steagall - banking act of 1933, federal deposit insurance corporation (fdic)., glass-steagall act, new deal programs, presidency of franklin d roosevelt, banks and stock market

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Classroom Considerations

• Knovation Readability Score: 5 (1 low difficulty, 5 high difficulty)

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