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kotykmax [81]
3 years ago
11

Explain the primary reasons for the establishment of the Federal Reserve System. Who established the Fed, and when was it create

d?
Social Studies
2 answers:
Andrews [41]3 years ago
6 0
It was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial system<span>. The </span>Federal Reserve<span> was created on December 23, 1913, when President Woodrow Wilson signed the </span>Federal Reserve Act<span> into law</span>
Andreas93 [3]3 years ago
6 0

The Federal Reserve System was established in order to regulate banks and control the nations money supply. The Federal Reserve System was established by the US Congress in 1913.

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