The first two-party system consisted of the Federalist Party, which supported the ratification of the Constitution, and the Democratic-Republican Party or the Anti-Administration party (Anti-Federalists), which opposed the powerful central government that the Constitution established when it took effect in 1789.
<span>The Fed responded to the crisis by lending money to banks. This ensured that banks had the capital needed to continue daily operations. Additionally, the Fed lowed the federal funds rate. The actions taken by the Fed helped to lower interest rates in order to encourage borrowing and spark economic growth. </span>
Answer: SORRY BUD I CANT READ IT
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