When he became president woodrow Wilson was concerned that banks

History

2 answers:

NeTakaya3 years ago

8 0

Answer:

When he became president Woodrow Wilson was concerned that banks did not involve themselves enough in the U.S. economy.

Explanation:

President Woodrow Wilson signed the 1913 Federal Reserve Act into law. This act allowed 12 Federal Reserve Banks to print money to ensure stability for American economy. The Federal Reserve system introduced the figure of a central bank to oversee monetary policy and grant economic stability.

Alla [95]3 years ago

5 0

Would end up being the only source of money for people

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