3 years ago

What was the purpose of the federal reserve act apex answer.com?

History

2 answers:

dedylja [7]3 years ago

7 0

I believe the answer is to monitor business practices that could lead to monopolies

Svetlanka [38]3 years ago

3 0

The intention is to control the stream of cash and credit in the nation. The 1913 Federal Reserve Act was a U.S. enactment that made the present Federal Reserve System. The Federal Reserve Act proposed to build up a type of financial steadiness in the United States through the presentation of the Central Bank, which would be responsible for fiscal approach.

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