Answer:
A central bank was needed to prevent the future panics is the correct answer.
Explanation:
The panic of 1907 is also known as the Bankers Panic .It was a financial crisis that occurred in US during mid October of 1907. During the crisis the New York Stock Exchange fell by fifty percent and due to panic people withdrew their money from banks and trust companies. The panic later spread throughout the nation. The panic happened due to the attempts to corner the market. Financier J.P Morgan prevented the panic from deepening by pledging large sum of money and by convincing other bankers to do the same. The panic highlighted the needs of an independent Treasury system to mange money supply and inject liquidity in the market when the need arose. Next year a committee was established by John D Rockefeller Jr. to find out the reasons of the crisis and propose solutions, it led to the creation of Federal Reserve System.
It was <span>newspaper, pamphlet and broadside publishers.</span>
John Adams faced several problems while he was president. Adams represented the Federalist Party while Jefferson represented the Democratic-Republican Party. We had issues with France. The French were seizing our ships and interfering with our right to trade.
After gaining independence from Mexico, Texas petitioned to join the United States. <span>However, Northerners were opposed to Texas’s annexation because they opposed slavery. </span>
The answer is <span> "availability of work in the metropole".
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<span>Today's labor migration is a major element in globalization. This is also an effort to provide and create work opportunities for everyone. Globalization has aided in making linkages for the national labor market. through a wide variety of improvements in communication and information technology.
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