Changes

==Insurance==

==Insurance==

Although banks are not part of the government, in areas like the [[United States]] accounts with a bank are insured by the [[government]] up to a certain dollar amount.

Although banks are not part of the government, in every major country accounts with a bank are insured by the [[government]] up to a certain amount. The goal, as emphasized in the [[Financial Crisis of 2008]], was to prevent "runs" in which people overnight lose confidence and demand all their deposits back.

[[Category:Economics]]

[[Category:Economics]]