4 years ago

What did the Federal Reserve Act create?

2 answers:

5 0

It created a centralized banking system for our nation (The Act was signed by Woodrow Wilson and allowed for the creation of the standardized US dollar. )

Ilya [14]4 years ago

4 0

The answer is C. The Federal Reserve Act created a centralized banking system for our nation.

The Federal Reserve act was established in 1913 with the purpose of creating a new monetary and financial system that was safer and more stable. For that purpose it founded the Federal Reserve System as the central bank of the country.

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