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GrogVix [38]
3 years ago
7

Pls help

History
2 answers:
lora16 [44]3 years ago
6 0

Answer:

c: operational

Explanation:

larisa86 [58]3 years ago
6 0
I don't know maybe B
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they had not yet developed a system of money based on coins

Explanation:

D

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4 years ago
The financial panic of 1907 resulted in such widespread bank failures and substantial losses to depositors that the American pub
olga nikolaevna [1]

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.

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her Burberry purse; the woman lost a necklace of plastic beadsExplanation:

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