Formed on 23 December 1913, the Federal Reserve System is the primary banking arrangement of the U.S. This system was created with the law of the Federal Reserve Act, following a series of economic depressions (especially the panic of 1907) that led to the desire for central administration of the monetary policy in order to mitigate economic crises. During the course of time, the Great Depression and the Great Recession expanded the roles and the responsibilities of the Federal Reserve System.
None of the other options make sense, they consist of the causes of the strikes. The only reason they did it was to get better conditions at work (pay).
A. The First Estate was made up of clergy. B. The Second Estate was made up of nobles. C is not correct because the Third Estate was made up of commoners.
