Previous to the 1930's, the u.s. government did not actively govern the economy. in response to the great depression, the united

Question

2 years ago

6

Previous to the 1930's, the u.s. government did not actively govern the economy. in response to the great depression, the united

states congress created a central bank for the united states. this system was designed to ward off inflation and to monitor the value of the american dollar. this central bank is called:

History

1 answer:

bazaltina [42] · Answer 1 · 2022-02-19T01:17:37+03:00

bazaltina [42]2 years ago

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In 1913, President Woodrow Wilson signed the Federal Reserve Act which created the Federal Reserve Bank of the United States which would monitor and regulate the Dollar.