Many nineteenth century businessmen believed that the American economy was "self-adjusting." This idea traced its roots to Adam Smith and his teachings concerning capitalism.
This philosophy of governmental non-interference in the economy is called
A)
Fabian economics.
B)
Marxist economics.
C)
Laissez-faire economics.
D)
Central-planning economics.

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.