The Federal Reserve<span> System is the central bank of the United States. It was founded by Congress in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial system. Over the years, its </span>role<span> in banking and the economy has expanded.</span>
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Economic recovery from the Panic of 1837 was incomplete, and Whig nominee William Henry Harrison defeated incumbent President Martin Van Buren of the Democratic Party. The election marked the first of two Whig victories in presidential elections
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The first transcontinental line was established in 1869. Eventually, railways lowered the cost of transporting many kinds of goods across great distances. ... Busy transport links increased the growth of cities. The transportation system helped to build an industrial economy on a national scale.