1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
34kurt
3 years ago
11

In complete sentences, explain two reasons why the Federal Reserve is made up of system of banks spread across the country.

Social Studies
1 answer:
weqwewe [10]3 years ago
6 0

The Federal Reserve System was created in the early 1900s in an effort to decentralize the central bank. The founders did not want one central bank located in New York or Washington, DC, so they formed a system with 12 district banks. The second reason for the Federal Reserve System was that communication and transportation were much slower and less efficient than today. In an effort to maintain control and offer assistance to member banks, it was necessary to disperse Federal Reserve facilities across the country.

You might be interested in
Explain how family and peer-group socialization differ.
Oliga [24]

Answer:

Most people tent to act innocent and quiet around their family by acting responsible and respectful. On the other hand, when they're around their friends, they are likely to act irresponsible and silly because they are sure their friends won't take anything personal. They often have inside jokes and are really open and caring for each other and like spending time together.

Explanation:

Can I get Brainliest??? Plzz!!!

4 0
3 years ago
Read 2 more answers
What might be some affects of a political machine in a county?
weeeeeb [17]
The worst part of political machine is the corruption.it was complete and absolute throughout the entire machine.everybody got their cut-except the avarage citizen.
6 0
4 years ago
If both the president and the vice president are unable to fulfill their duties, who takes over as president? A. Secretary of st
mina [271]
B. Speaker of the house
8 0
4 years ago
Who has the most power in a parliamentary democracy?
cestrela7 [59]

Answer:

Parliamentary system

Explanation:

Parliamentary system, democratic form of government in which the party (or a coalition of parties) with the greatest representation in the parliament (legislature) forms the government, its leader becoming prime minister or chancellor

5 0
3 years ago
Which of the following British victories convinced Lord Cornwallis he could invade North Carolina
Natalija [7]

The Battle of Camden

6 0
3 years ago
Read 2 more answers
Other questions:
  • According to fiedler's theory a high-control situation favored a ________ leader
    10·1 answer
  • In what sense is the passage a challenge to medieval views and methods? 
    5·1 answer
  • What type of goverment did egypt have around 3100 bc?
    14·1 answer
  • Distinguishing between study skills and study methods
    11·1 answer
  • In interviews with the workers who changed jobs, Granovetter learned that the contacts who helped them land the job were most of
    10·1 answer
  • A federal judge ruled that New York stop-and-frisk policy is a violation of which amendment​
    9·1 answer
  • Pat has had a lot of stress in his life. He was abused as a child, moved from house to house, and never had a stable relationshi
    10·1 answer
  • Estee Lauder Co.now sells most of its flagship products directly online. This choice, made around 2000, resulted in substantial
    11·1 answer
  • How can splinter parties affect the outcomes of elections
    8·2 answers
  • All animals are multicellular. The cells that make up multicellular organisms are organized in specific ways to perform speciali
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!