Answer:
Banks needed a source of emergency reserves to prevent the panics and resulting runs from driving them out of business. A particularly severe panic in 1907 resulted in bank runs that wreaked havoc on the fragile banking system and ultimately led Congress in 1913 to write the Federal Reserve Act.
Answer:
C. They wanted to hire people who work for the lowest wages to increase profits.
Explanation:
In the 1800s, women did not have many opportunities to work outside the home, most careers were male dominated, while women raised children at home. Children had even fewer working opportunities. The factory owners took advantage of these facts. They often paid women and children low wages because they wouldn't get more money anywhere else, and extreme poverty forced them into the workforce.