Answer: What happened in the 14th century in China?
The Ming dynasty: 1368-1644
But a series of disasters in the early 14th century unsettles the dynasty. A civil war between rival Mongol princes breaks out in 1328. There is widespread famine. Disastrous floods cause armies of peasants to be press-ganged into heavy work on the river defences.
Explanation:
He was a spokesman of the south who was a democratic leader
Destruction of European infrastructure from World War I combined with a
global economic depression made many countries weak and easy prey for
totalitarian governments.
Answer: Option D
<u>Explanation:</u>
Totalitarian government is that form of government where the rule is in the hands of the state. Private sector has no say in the working of the country at all and all the powers are in the hands of the state.
After the end of world war 1, there was a lot of destruction of infrastructure of Europe and there was depression in the economy and this made the government of those countries taking all the powers for the governing of the countries.
Answer:
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.
Explanation:
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.
