What is the enlightenment philosophy of social contract? . the idea that society should submit to absolute monarchs. the idea that people surrender some individual freedoms in return for safety and security. the belief that government should not interfere in a nation's economy. the belief that society is generally cruel, selfish, and greedy by nature . @girlbyte

Gif the public and community loses trust in banks it affects the entire u.s. financial system. in order to keep this type of financial contagion from happening, the fed makes as needed short-term emergency loans, by acting as the lender of last resort. guides and regulates private deposit insurance programs to cover insolvent bank losses. decreases the money supply as acting lender of last resort.