1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Montano1993 [528]
3 years ago
5

According to the lecture, what was a major problem faced by banks in the West before the Federal Reserve System was established?

How did the system help solve this problem?
writeing qustion
Social Studies
1 answer:
Annette [7]3 years ago
7 0

Answer:

Before the establishment of the Federal Reserve System, the West was faced with financial crises. There were instances ok which there were a form of crises which led to fears and worries by bank customers. The people ran to their banks to withdraw their deposits. The failure of one bank often had a ripple effect in which customers of other banks rushed to withdraw funds from their own banks even if those banks were not involved in the crisis.

Banks needed a source of emergency reserves to prevent customer fears and banks being driven out of business.

This led to the set up of the Federal Reserve Act.

The Federal Reserve System was created to tackle these banking issues and also to make possible fostering a sound banking system and healthy economy.

You might be interested in
Which messages primarily involve using clichés rather than truly responding to a speaker?
Damm [24]

When two or more people are communicating but one of the parties is not truly responding but using cliches, usually he or she uses impersonal responses. This type of messages involve the use of generalizations, intellectualized phrases and statements that not come from personal experiences, which avoids an efficient communication.

8 0
3 years ago
The "Iron Curtain" was a term used to describe the division between what<br> two political areas?
Slav-nsk [51]

Answer: It was the imaginary line dividing Europe between the Soviet Union and Western influence.

Explanation: This symbolized efforts by the Soviet union to block itself from open contact with the West

7 0
3 years ago
The fact that women often feel pressured to conform to society’s expectations is a common feminist theme found within literature
sdas [7]

Answer:

The correct answer is the quilt and the jar of fruit.

Explanation:

"Trifles", is a play that was written by Susan Glaspell and it was acted for the first time in 1916. In essence, "Trifles" talks about the enormous differences between men and women, and particularly, the way that each sex sees the other and acts. It narrates the occurrences at the Wright household, where Mr. Wright has been found murdered and his wife is suspected of it. As the county attorney, the sheriff, Mr. Hale, and the wives of Hale and the sheriff, inspect the site, the male band and the female band separate and the first one finds no conclusive evidence on the case, while the women find all they need to know that their colleague, Mrs. Wright, was indeed the murderer. What they also find, are the symbols of what Mrs. Wright´s life turned out to be as a housewife, compared to when she was single, and the two most promiment symbols that show the incarceration of women and the pressure put on them by society as housewives are the quilt and jar of fruit, which represent the expectations that society had of women as housekeepers and homebuilders.

8 0
3 years ago
Read 2 more answers
Memories of emotional events are especially likely to be facilitated by activation of:A. amygdala.B. hypothalamus.C. sensory cor
xenn [34]

Answer:

A. amygdala.                

Explanation:

Amygdala: The term amygdala is referred to as an almond-shape set of different neurons that are being located in the temporal lobe of the brain.

The amygdala is considered to be a part of the limbic system and it is responsible for processing different emotions, memory, sexual activity, sex drive, and survival instincts. It is the processing center that receives incoming messages from different internal organs and senses.

In the question above, the given statement represents the amygdala.

3 0
3 years ago
What do proximate explanations of behavior focus on?
kherson [118]

Answer:

What do proximate explanations of behavior focus on? A. how displays and other types of behavior have changed through time or evolved

5 0
2 years ago
Other questions:
  • What do you feel are the positive and negative aspects of it as they relate to our government today?
    8·1 answer
  • What do consumers and businesses in a market economy seek to do?
    10·1 answer
  • A holistic and comparative perspective:
    5·1 answer
  • Mike is taking a health class his senior year. he is surprised to learn that, compared to teens, condom usage rates actually ___
    5·1 answer
  • About medieval West African Kingdoms
    11·1 answer
  • In what way do the people actually "disappear" in "the city is so big"?
    11·1 answer
  • Please answer if you can
    15·1 answer
  • Whats the word for this definition Deliver supplies to hurricane victims?
    15·1 answer
  • paano matiwasay na iiral sa lipunan ang pagtutulungan at pagkakaisa mula sa pamahalaan para sa mamamayan at mamamayan para sa ka
    8·1 answer
  • using web-based social media to recruit heavy-drinking young adults for sleep intervention: prospective observational study
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!