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Answer:
Banks needed a source of emergency reserves to prevent the panics and resulting runs from driving them out of business. A particularly severe panic in 1907 resulted in bank runs that wreaked havoc on the fragile banking system and ultimately led Congress in 1913 to write the Federal Reserve Act.
Answer:the answer is d
Explanation:just trust me
Congress will form committees of House and Senate members for the purpose of investigating issues. These committees are called B. Joint Committees.
Answer:
The right answer is: B.
Explanation:
The Hartford Convention was an expression of the dissatisfaction of New England states. They did not support the 1812 war with Britain, they were afraid of a land invasion. For the first time, representatives of some states discussed separation from the Union. The convention demanded the approval of a reform that would require two thirds of the Senate to declare war, but a guarantee of no future wars with Britain wasn´t discussed specifically.