Answer:
Their is no difference between the fed and central bank except that the central bank is called "fed" in the U.S unlike how it is called in other nations of the world
Explanation:
The Fed (Federal reserve system) is the same thing as the Central Bank of the United State of America. It functions is the same but the name of the central bank in the United State is known as the Fed. It functions as the organ responsible for all monetary policies either through money supply, raise interest or lower it and any other policies to the growth and development of the economy of the U.S
However, it must be stated that there is no difference between the two other than the name that is called in the U.S
Scarcity is the fundamental problem facing all societies. It is the condition that results from society not having enough resources to produce all the things that people would like to have.
The Age of Enlightenment was a movement of intellectuals in Europe. These individuals emphasized individualism and reasoning over traditions. The establishment of intellectual societies in America aided the spread of <span>Enlightenment ideas.</span>
