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Feliz [49]
3 years ago
15

What was the federsl reserve act designed to prevent

History
1 answer:
Rama09 [41]3 years ago
4 0

The Federal Reserve Act was designed to prevent financial crisis.

<u>Explanation:</u>

Woodrow Wilson, who is known to be the 28th president of United States have passed an act on December 23rd in the year 1913. This act is widely known as the Federal Reserve act.

This act was mainly passed to support the people of American financially by helping them establish a central banking system which they lagged. They included process like providing loan etc.  It was also mainly passed to prevent financial crisis so that the people can establish a strong financial basement.

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The case you describe is:  SWEATT v. PAINTER


Details:

The case of <em>Sweatt v. Painter (</em>1950), challenged the "separate but equal" doctrine regarding racial segregated schooling which had been asserted by an earlier case, <em>Plessy v. Ferguson</em> (1896).

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In 1954, another Supreme Court decision went even further. <em>Brown v. Board of Education of Topeka </em>extended civil liberties to all Americans in regard to access to all levels of education.  The <em>Plessy v. Ferguson </em>case had said that separate, segregated public facilities were acceptable as long as the facilities offered were equal in quality.  In <em>Brown v. Board of Education</em>, segregation was shown to create inequality, and the Supreme Court unanimously ruled segregation to be unconstitutional.  After the Brown v. Board of Education decision, there was a struggle to get states to implement the new policy of desegregated schools, but eventually they were compelled to do so.

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