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matrenka [14]
3 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]3 years ago
4 0
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.
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-World War I was centered on Europe. The world warring nations were divided into two groups namely ‘The Central Powers’ and ‘The Allied Powers’. The central powers group consisted of Germany, Austria-Hungary, Turkey and Bulgaria. The Allied powers group consisted of France, Britain, Russia, Italy, Japan, and (from 1917) the U.S.

-World War II, the opposing alliances are now referred to as ‘The Axis’ and ‘The Allies’. The Axis group consisted of Germany, Italy, and Japan. The Allies group consisted of France, Britain, the U.S., the Soviet Union, and China.

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