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.
Answer:
Money is a factor in most wars, but WWII took it to another level. ... Why did the Soviet Union have an advantage in directing resources toward a total war economy? ... narrative, explain how the patterns of industrialization helped the Allies win the war. ... One part of Hitler's plan was to use this new military might to invade
Explanation:
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The Homestead Act was attractive to settlers, because it gave land to anyone over 21, or head of family (even women and former slaves), who applied for land, this land for a very cheap price (or no price at all) and through this it enabled easy settlement. The farmers had to then cultivate the land for a period of time, and if they did not abandon it and tended to it properly, it became their property.
Answer: diplomacy fortification and logistics
Explanation:
No explanation
The start of the war in Europe is generally held to be 1 September 1939<span>, beginning with the German invasion of Poland; Britain and France declared war on Germany two days later.</span>