Answer:
A. True
Explanation:
During the Panic of 1907, there were a series of bank runs during a period of three weeks. This happened because the stock market fell for a while, and people believed that this was a sign of an economic recession.
Congress created the Federal Reserve in 1913, with the goal of giving it the power to control the money supply, the interest rates, and with the task of regulating the banking system.
Answer:
B. The Bill of Rights did not apply at the state level.
Explanation:
Constitution's Bill of Rights restricts only the powers of the federal government and not those of the state governments. John Barron filed against the city of Baltimore, claiming that the city had deprived him of his property in violation of the Fifth Amendment, which provides that the government may not take private property without just compensation.
Ruling: Barron had no claim against the state under the Bill of Rights because the Bill of Rights does not apply to the states.
A. Laissez-Faire capitalism is the separation of economy and state. By removing these taxes, the theoretical governor takes away the economic obligation of the tax from the people.
Hi.
your answer is b.
hope this helps!!!
Most of the time in monarchies the rule is passed down through the bloodline, so my train of thought is feudalism.
