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.
Answer:
:) the answer is also in the explanation
Explanation:
Irrigation, the process of digging canals to extend a river's flow to a new area, affected Sumer by opening up new areas for crop farming.
Answer:
a. depreciates; appreciates
Explanation:
Jensen Co. wants to establish a new subsidiary in Mexico that will sell computers to Mexican customers and remit earnings back to the U.S. parent. The value of this project will be favorably affected if the value of the peso <u>depreciates</u> while it establishes the new subsidiary and <u>appreciates</u> when the subsidiary starts operations.
If the value of the peso depreciates while it is establishing the new subsidiary, it means that they will spend less in the establishment process because every dollar will worth more peso, it will even be of more advantage if the materials they need for the establishment such as factory building are produced and gotten in Mexico, government license fees will be lower. If the value of peso appreciates during operation, it means they will remit more funds in dollars to the home country and thus benefit more. For example, if 1 dollar is equal to 200 peso during establishment, the company will spend less. While if 1 dollar is equal to 75 peso during operation, the company will remit more fund.
<h2>The geography of India greatly influenced the location of early settlements on the subcontinent. Both the Indus and the Ganges rivers carried rich silt from the mountains to the plains. When the rivers flooded, the silt spread over the plains and made the soil in the river valleys fertile for farming, In ancient civilizations, geography affected them in so many ways, like the climate, resources, and the landscape that they use, The mountains provided them with protection against invasions, but the mountains were also used for trading with other to get the resources that they needed.</h2>
Answer:
As a new day begins in the town of Silverton, its residents have little reason to believe it will be anything other than ordinary. Mother Nature, however has other plans. In the span of just a few hours, an unprecedented onslaught of powerful tornadoes ravages Silverton. Storm trackers predict that the worst is still to come, as terrified residents seek shelter, and professional storm-chasers run toward the danger, hoping to study the phenomenon close up and get a once-in-a-lifetime shot.
