Solved: What does the term bank failure mean what role does fdic, Business Economics

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What does the term bank failure mean what role does fdic

Despite the regulations that protect banks from failure, some do fail. Go to www2.fdic.gov/hsob/ Select the tab labeled "Bank Failures".

In your initial response to the topic you have to answer all questions:

What does the term "bank failure" mean? What role does FDIC insurance play?
How many banks failures occurred in the United States during the most recent complete calendar year?
How many banks failures occurred in the United States during 2016?
What were the total assets and total deposits held by the banks that failed during the most recent complete calendar year?
How many banks failed in 1937?
How it is possible to prevent bank failure?

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