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.
The correct answers are:
a)
c)
d)
Answer:
1.The speaker is trying to encourage racial resentment.
2.She believes that women should have more representation in government.
3.Thanksgiving is a day to give thanks to God.
I tried my best.
Explanation:
The expanding of the muslim Empire in the years following the Prophet Muhammad's death led to the creation of the caliphates, occupying a vast geographical area and conversion to Islam was boosted by missionary activities particularly those of Imams, who easily intermingled with local populace to propagate the religious teachings.
