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.
Dale persisted despite his friends' attempts to tell him that is Ancient Legend
Answer: Option B
<u>Explanation:</u>
Gordian knot is a word which is normally used to denote a problem which can not be generally solved and is used as a metaphor. It is used to talk about Alexander the great who was an ancient legend.
This was one of the problems in the rule of Alexander the great and this chapter of his life was very important and is till date used as for comparison to deal with the problem which is tough to be solved or may be impossible.
B the minor elite can maintain
Answer:
The only first thing I can think is Freedom
Explanation:
