Answer:
Creation of Federal Reserve System
Explanation:
An important innovation initiated by Wilson was a complete reorganization of the financial and banking system and monetary circulation. Today, it is difficult for Americans to imagine what kind of financial turmoil reigned in their country from the time of the Civil War until the beginning of the 20th century. At that time, about seven thousand banks were functioning. Gold and silver coins, certificates, notes of the National Bank were in circulation, and all the monetary circulation was under the full control of Wall Street.
To harmonize the financial system with the needs of the economy, Wilson was pushing for a law to create the Federal Reserve System (Fed), which serves as the central bank of the United States. The President adhered to the “golden mean.” He listened to the advice of conservatives and, for the sake of the effective functioning of the financial system, agreed to create 12 regional federal banks. However, the stumbling block was the principle of forming the Fed's board, which, according to the personal plan of Wilson and his progressive advisers, was supposed to regulate its activities. The president had to withstand the extraordinary pressure of banking tycoons accusing him of trying to strip them of control of their property. But he did not make any concessions, considering the appointment of the composition of the board of the Federal Reserve System solely the competence of the president. Therefore, in the management of the Fed, although its ownership is private, the state plays a significant role.
The Iron Curtain represented the constant conflict and physical division between the Democrats and the Communists. This term was used to describe the conflict that existed from the end of World War II (1945) until the end of the Cold War in 1991. It is important to understand that the Iron Curtain was a concept used to describe the ideological division of Europe and did not physically exist. Although the Berlin wall was a very significant representation of the Iron Curtain, no one border or wall was the Iron Curtain.
The end of the Russian Civil War was in 1922, so 4 years
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Anthony Johnson first arrived in Virginia in 1621
Many experts believe that all humans can be traced back to the continent of Africa, since migratory patters can be found from fossil evidence that then spread through Europe and Asia.
