Which of the following best describes the FDIC's approach to financial literacy?

The FDIC’s approach to financial literacy is centered around promoting educational programs and resources for consumers. This reflects the agency’s commitment to enhancing the public’s understanding of financial concepts, which is essential for making informed financial decisions. Through various initiatives, the FDIC provides tools, resources, and educational materials that empower individuals with knowledge about managing their finances, understanding banking services, and recognizing the importance of saving and budgeting. This approach not only helps consumers navigate their personal finances but also promotes overall financial stability within communities.

The focus on educational programs highlights the FDIC's role in supporting consumer protection and advocacy. By equipping people with the knowledge they need, the FDIC aims to create a more financially literate population, which can contribute to better financial health and reduce risks of financial distress.