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During which of the following did people have confidence in the American financial system?
for thousands of years.
Saving
Spending
Credit unions
has value that is established by government decree.
The Federal Deposit Insurance Corporation (FDIC)
Panic of 1907
People agreed on their value and made them convenient to transport and trade.
Humans have been using some form of money
for thousands of years.
Saving
Spending
Credit unions
has value that is established by government decree.
The Federal Deposit Insurance Corporation (FDIC)
Panic of 1907
People agreed on their value and made them convenient to transport and trade.
Fiat money
for thousands of years.
Saving
Spending
Credit unions
has value that is established by government decree.
The Federal Deposit Insurance Corporation (FDIC)
Panic of 1907
People agreed on their value and made them convenient to transport and trade.
Which of the following services offered by financial institutions would a person be looking for if he/she needed more cash or wanted to make automatic payments from an account with his/her funds?
for thousands of years.
Saving
Spending
Credit unions
has value that is established by government decree.
The Federal Deposit Insurance Corporation (FDIC)
Panic of 1907
People agreed on their value and made them convenient to transport and trade.
What did all of the early forms of money have in common?
for thousands of years.
Saving
Spending
Credit unions
has value that is established by government decree.
The Federal Deposit Insurance Corporation (FDIC)
Panic of 1907
People agreed on their value and made them convenient to transport and trade.
Which of the following services offered by financial institutions would a person be looking for if he/she wanted to put money in a safe place and make money by earning interest?
for thousands of years.
Saving
Spending
Credit unions
has value that is established by government decree.
The Federal Deposit Insurance Corporation (FDIC)
Panic of 1907
People agreed on their value and made them convenient to transport and trade.
Which of the following typically insures banks and savings and loan companies in the United States?
for thousands of years.
Saving
Spending
Credit unions
has value that is established by government decree.
The Federal Deposit Insurance Corporation (FDIC)
Panic of 1907
People agreed on their value and made them convenient to transport and trade.
Which of the following are non-profit and owned by their members?
for thousands of years.
Saving
Spending
Credit unions
has value that is established by government decree.
The Federal Deposit Insurance Corporation (FDIC)
Panic of 1907
People agreed on their value and made them convenient to transport and trade.
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