Which of the following antebellum banking innovations was the forerunner of the modern Federal Deposit Insurance Corporation (FDIC)?
a. the Suffolk System
b. the Safety Fund Act
c. the Forstall System
d. the bimetallic standard
b. the Safety Fund Act
Economics
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Traditionally, Wall Street investment banks had been organized as ________, but by 2000 they had converted to being ________
A) sole proprietorships; partnerships B) partnerships; sole proprietorships C) corporations; partnerships D) partnerships; publicly-traded companies
Economics
The process of countries becoming more open to foreign trade and investment is known as
A) autarky. B) foreign exchange. C) globalization. D) protectionism.
Economics