1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
e-lub [12.9K]
3 years ago
8

As a response to the Panic of 1907, Congress created the Federal Reserve System, consisting of twelve regional banks.A. TrueB. F

alse
History
1 answer:
mafiozo [28]3 years ago
4 0

Answer:

A. True

Explanation:

During the Panic of 1907, there were a series of bank runs during a period of three weeks. This happened because the stock market fell for a while, and people believed that this was a sign of an economic recession.

Congress created the Federal Reserve in 1913, with the goal of giving it the power to control the money supply, the interest rates, and with the task of regulating the banking system.

You might be interested in
PLZ HELP, WILL MARK BRAINLIEST
Nata [24]
The first one is vote
6 0
3 years ago
Read 2 more answers
Why was the hiring of Germanic mercenaries by Western Roman emperors a mistake?
AlexFokin [52]
B. The Germanics lacked loyalty to Rome and sometimes bought against the empire" is the best option from the list, since the Germanic tribes had very little connection to Rome or its empire and were just interest in getting paid.

Read more on Brainly.com - brainly.com/question/591307#readmore
3 0
4 years ago
Which political party formed to oppose the spread of slavery?
Anuta_ua [19.1K]
Republican party should be correct...
3 0
3 years ago
What benefits were there for the members of the 1st estate?
Tresset [83]

Answer:

composition/criticism of the church/exemption from taxes.

4 0
3 years ago
Read 2 more answers
What was a political effect of agenda setting by the media in 2008 and 2009 with relation to the financial crisis?
stealth61 [152]
<span>it exerted pressure on the new Obama administration to do something about the crisis
</span>
It is one of the media success stories of performing its role as both an informer and channel for pressurizing governments and those in authority to commit to the public good. These has been identified as one of the most important media roles in a democracy.
<span></span>
5 0
4 years ago
Other questions:
  • Image 1 best illustrates which of the following features of the Chinese economy in the period 1200-1450
    5·1 answer
  • When things go better 1916 what president help​
    11·1 answer
  • Which statement best describes salutary neglect?
    15·2 answers
  • The historian Frederick Jackson Turner argued that the frontier shaped America by?:
    10·1 answer
  • HURRY PLEASE!!!!
    13·2 answers
  • How did investors react when the stock market prices fell suddenly​
    14·1 answer
  • What president established the custom of using the heads of various departments for his personal advisers?
    14·1 answer
  • PLEASE HELP, I WILL GIVE BRAINLIEST
    13·1 answer
  • Even though the Indians outnumbered the British, explain why they were ultimately defeated.
    12·1 answer
  • What social scientist would I want to be?​
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!