The real impetus for America entering the Industrial Revolution was the passage of the Embargo Act of 1807 and the War of 1812. Americans were upset over an incident with the Chesapeake whereby the British opened fire when they were not allowed to search the ship. They also seized four men and hung one for desertion.he real impetus for America entering the Industrial Revolution was the passage of the Embargo Act of 1807 and the War of 1812. Americans were upset over an incident with the Chesapeake whereby the British opened fire when they were not allowed to search the ship. They also seized four men and hung one for desertion.
What is Protected By the FDIC. In general, most deposit accounts are protected by the FDIC. Checking accounts, savings accounts and CDs are generally protected. Interest bearing deposit accounts are protected in the amount of at least $250,000. It is important to note that this $250,000 is an aggregate amount for each bank; all of your accounts at a single bank are added together to get this amount.
The FDIC insures deposits only. It does not insure securities, mutual funds or similar types of investments that banks and thrift institutions may offer. (Deposit Insurance: What's Covered distinguishes between what is and is not protected by FDIC insurance.). The FDIC directly examines and supervises more than 4,500 banks and savings banks for operational safety and soundness, more than half of the institutions in the banking system.