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uranmaximum [27]
3 years ago
10

What are 3 important facts about the federal reserve act

History
2 answers:
leva [86]3 years ago
8 0
1. The Federal Reserve is a central bank.
2. The Fed’s structure extends around the United States.
3. Recent interest rate policy increases have been controversial.
V125BC [204]3 years ago
6 0

Answer:

The 1913 Federal Reserve Act created the Federal Reserve System, known simply as "The Fed".

It was implemented to establish economic stability in the U.S. by introducing a Central Bank to oversee monetary policy.

The Federal Reserve Act is one of the most influential laws shaping the U.S. financial system.

Explanation:

i just know

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The statement that best describes the British and German militaries in 1913 is "they were rapidly growing in size and technologies as exemplified by the dreadnought "arms race."

During the last decade of the 1800s and the beginning of the 1900s, Germany and Great Britain competed hand to hand in the military, complicating, even more, the already deteriorated relationships between the two European nations.

German Admiral Alfred von Tirpitz started to plan to build a better navy with the German industrial capacity already installed in the country. So we could say this was a fierce competition between the two.

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