The intention is to control the stream of cash and credit in the nation. The 1913 Federal Reserve Act was a U.S. enactment that made the present Federal Reserve System. The Federal Reserve Act proposed to build up a type of financial steadiness in the United States through the presentation of the Central Bank, which would be responsible for fiscal approach.
After the World War II, America as a nation stopped
producing gunnery and bombs and resorted in creating peaceful industrial
employments. The American economy have grown that labor force grew from 60
million to 111 million on year 1948 to 1982 and grew from 58 million to 99
million.
Hundred Days' Reform. The Hundred Days' Reform was a failed 103-day national, cultural, political, and educational reform movement from 11 June to 22 September 1898 in late Qing dynasty China. It was undertaken by the young Guangxu Emperor and his reform-minded supporters.
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Because when the natural rubber supply from Southeast Asia was cut off at the beginning of World War II, the United States and its allies faced the loss of a strategic material. <span> So the companies, in collaboration with a network of researchers in government, academic, and industrial laboratories, developed and manufactured in record time enough synthetic rubber to meet the needs of the U.S. and its allies during World War II.</span>
Answer:
banking practices that put the entire financial system at risk
Explanation:
What caused the crash of the real estate market in 2008 can be traced to "banking practices that put the entire financial system at risk."
This is evident in the fact that many Lenders were observed to be less stringent in their approach in lending credit to borrowers, including those that are not fit to acquire the credits.
This led to increasing housing prices to a degree that many could not really have the money for.
