Answer:
D
Explanation:
Is a Constitutionally mandated assembly that elects the President
<span>The controversy over the election drove a compromise that ended reconstruction.</span>
The Battle of Saratoga did not allow the British to cut off New England from the rest of the colonies.
British general John Burgoyne had proposed the plan to isolate New England from the rest of the colonies. The plan had about 8,000 British troops invading into New York from Canada and taking control of the Hudson River. The plan was initially successful -- the British took Fort Ticonderoga in June of 1777. But General Burgoyne overextended his access to supplies as he came further into Patriot territory, and the colonial forces were able to cut off his supply line. After a couple of difficult battles, Burgoyne's eventual surrender of his troops came with the loss at Saratoga in October, 1777.
Answer:
A central bank was needed to prevent the future panics is the correct answer.
Explanation:
The panic of 1907 is also known as the Bankers Panic .It was a financial crisis that occurred in US during mid October of 1907. During the crisis the New York Stock Exchange fell by fifty percent and due to panic people withdrew their money from banks and trust companies. The panic later spread throughout the nation. The panic happened due to the attempts to corner the market. Financier J.P Morgan prevented the panic from deepening by pledging large sum of money and by convincing other bankers to do the same. The panic highlighted the needs of an independent Treasury system to mange money supply and inject liquidity in the market when the need arose. Next year a committee was established by John D Rockefeller Jr. to find out the reasons of the crisis and propose solutions, it led to the creation of Federal Reserve System.
