He focused on the inflation rate. He concentrated on mandatory price controls.
This covered rent, wages and other prices as a solution to resolve the
inflation. This also enabled the dollar to float compared to other
currencies. Unfortunately it had a
negative response to businessmen as it resulted in food shortages. The inflation also returned which meant that
the solutions were a failure.
Answer:
Their is no difference between the fed and central bank except that the central bank is called "fed" in the U.S unlike how it is called in other nations of the world
Explanation:
The Fed (Federal reserve system) is the same thing as the Central Bank of the United State of America. It functions is the same but the name of the central bank in the United State is known as the Fed. It functions as the organ responsible for all monetary policies either through money supply, raise interest or lower it and any other policies to the growth and development of the economy of the U.S
However, it must be stated that there is no difference between the two other than the name that is called in the U.S
Babylonia was a state in ancient Mesopotamia. The city of Babylon, whose ruins are located in present-day Iraq, was founded more than 4,000 years ago as a small port town on the Euphrates River. It grew into one of the largest cities of the ancient world under the rule of Hammurabi. Several centuries later, a new line of kings established a Neo-Babylonian Empire that spanned from the Persian Gulf to the Mediterranean Sea. During this period, Babylon became a city of beautiful and lavish buildings. Biblical and archaeological evidence point toward the forced exile of thousands of Jews to Babylon around this time.
AN organization that changed the way African Americans saw opportunities for themselves is the f the National Association for the Advancement of Colored People (NAACP) which aimed to ensure that colored people had access to educational, economic and political opportunities. Individuals include Martin Luther King who led the civil rights campaign.
