Some of the settler were looking for gold and other were starting a new life, the first settlement is considered to be jamestown,virginia but before that there was another settlement but it didn't work
The Federal Reserve System was created in the early 1900s in an effort to decentralize the central bank. The founders did not want one central bank located in New York or Washington, DC, so they formed a system with 12 district banks. The second reason for the Federal Reserve System was that communication and transportation were much slower and less efficient than today. In an effort to maintain control and offer assistance to member banks, it was necessary to disperse Federal Reserve facilities across the country.
The statement the articles of confederation gave a president the power to execute laws and veto legislation is false.
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Explanation:
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The very reason behind opting to replace the "Articles of Confederation" was that they created an imbalance of power by vesting more power in the hands of the state governments. There are no provisions provided by Articles of Confederation for an executive branch.
The President and the Federal government functioned with very little authority and were greatly under powered. The President almost functioned like a nominal head.The legislature holds the executive power under the "Articles of Confederation".
Answer:
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