Judicial review is the ability of the supreme court to decide and examine if a statute, treaty or administrative regulation violates the provision of the existing law written in the state constitution. In the United States, the authority for judicial review has been inferred from the structure, provisions, and history of its Constitution.
The Bill of Rights was the first ten Amendments in the constitution and the most popular and important Amendments. It mainly protects the people and let them speak and have the right to self preservation. It also tries to limit the Government and let the people in the states in charge.
Answer:
A central bank was needed to prevent the future panics is the correct answer.
Explanation:
The panic of 1907 is also known as the Bankers Panic .It was a financial crisis that occurred in US during mid October of 1907. During the crisis the New York Stock Exchange fell by fifty percent and due to panic people withdrew their money from banks and trust companies. The panic later spread throughout the nation. The panic happened due to the attempts to corner the market. Financier J.P Morgan prevented the panic from deepening by pledging large sum of money and by convincing other bankers to do the same. The panic highlighted the needs of an independent Treasury system to mange money supply and inject liquidity in the market when the need arose. Next year a committee was established by John D Rockefeller Jr. to find out the reasons of the crisis and propose solutions, it led to the creation of Federal Reserve System.
Answer: Christianity, slavery, and the exploitation of natural resources
