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KatRina [158]
2 years ago
15

What economic event led to the creation of the Federal Reserve?

History
2 answers:
Vladimir [108]2 years ago
7 0
By December 23, 1913, when President Woodrow Wilson signed the Federal Reserve Act into law, it stood as a classic example of compromise--a decentralized central bank that balanced the competing intrests of private banks and populist sentiment.

hope this helps
Alex_Xolod [135]2 years ago
4 0

Answer:

Panic of 1907

Explanation:

I promise. Just got it right on the assignment.

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The explanation the author gives in this text expands on the quote by describing how Black people were able to develop their own selves. We learn that Black people were considered "chattel" and that they were denigrated, minimized and ignored constantly. However, this did not lead to the erasure of their culture. Instead, out of these harsh experiences, Black people were able to create their own identity in a way that continues to our day.

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