The stock market crashed in 1929 because investors had put too much capital into the stocks by borrowing large amounts of money that they did not truly have.
Answer:
Congress passed the Federal Reserve Act in 1913, when the US had functioned without a central bank since 1836 because it wanted to end the numerous financial crises faced by the nation since its founding.
Primarily, the Federal Reserve Act of 1913 created the central bank of the United States. Its purposes included the printing of currency, control of money supply, maximization of employment, and the minimization of inflation.
Explanation:
The nation needed to enjoy economic stability by having a central bank that executes the monetary policies of the Federal government. The Federal Reserve Act provided the United States government with a safer, more stable, and more flexible monetary and financial system. Since its establishment, it has worked to ensure the enthronement of an efficient national payments system, flexible money supply, and effective lending/borrowing mechanism to ease liquidity crises for the facilitation of investments and industrialization of the nation.
Answer:
Both roles can lead to higher wages for workers and more profits for businesses. Both roles can result in greater unity within the President's political party.
Explanation:
plz mark as brainliest
Answer:
he took people to see how the factory was
Explanation:
he needed evidence so he took people to see if it was safe
Hello.
Japen goal is <span>to avoid China’s fate by making Japan strong.
They want to archive there goals by fighting back then they could have war ships and armies.
Have a nice day</span>
