Trade with the Arabs did a few things for the African kingdoms. It increased trade, profit, and led to a ruling class.
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The president Kennedy’s domestic agenda primarily fought poverty in America.
John Fitzgerald "Jack" Kennedy was an American politician and journalist. He also was the 35th president of the United States from January 1961 until he was assassinated in November 1963. He served at the height of the Cold War, and the majority of his presidency dealt with managing relations with the Soviet Union. On November 22, 1963, Kennedy was assassinated in Dallas, Texas.
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Congress passed the Federal Reserve Act in 1913, when the US had functioned without a central bank since 1836 because it wanted to end the numerous financial crises faced by the nation since its founding.
Primarily, the Federal Reserve Act of 1913 created the central bank of the United States. Its purposes included the printing of currency, control of money supply, maximization of employment, and the minimization of inflation.
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The nation needed to enjoy economic stability by having a central bank that executes the monetary policies of the Federal government. The Federal Reserve Act provided the United States government with a safer, more stable, and more flexible monetary and financial system. Since its establishment, it has worked to ensure the enthronement of an efficient national payments system, flexible money supply, and effective lending/borrowing mechanism to ease liquidity crises for the facilitation of investments and industrialization of the nation.
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