The Federal Reserve is the governing body responsible for the conduct of US monetary policy, which is the conduct of interest rate policy and the decision to sell or buy debt securities in the open market.
The purchase and sale of securities is a decision that is up to the Federal Open Market Committee, which is a body specializing in this type of monetary policy. According to studies and perception of the economic scenario, the Federal Open Market Committee buys / sells securities to inject / decrease the amount of currency in circulation in the economy and thus to keep inflation under control and the healthy economic environment.
According to the population census of 2011 (2068 BS), there are 123 identified caste/ethnic groups, language groups and more than a dozen of religious groups.
<h2>The following is the order of events that led to the United States joining World War II based on their occurrence:
</h2>
<u>Fascist dictators rise to power and World War I begins: </u>The rise of the Japanese Emperor who bore imperialistic ideology culminated in the early tensions between different nations which eventually resulted in World War I.
<u>The Lend-Lease Act provides Military aid to Allied Forces while the U.S. remains neutral:</u> The United States chose to stay out of the war but help its allies in the war by providing war equipment.
<u>Japan feels threatened and attacks the U.S. naval base at Pearl Harbor, Hawaii:</u> Owing to the help extended by the United States to its allies, Japan chooses to teach the US a lesson by bombing one of the naval bases of the US Navy.
<u>The United States enters into World War II:</u> After the attack on the US Naval base done by Japan, the US decides to participate in the war in order to bring it to an end.