Answer:
Congress passed the Federal Reserve Act in 1913, when the US had functioned without a central bank since 1836 because it wanted to end the numerous financial crises faced by the nation since its founding.
Primarily, the Federal Reserve Act of 1913 created the central bank of the United States. Its purposes included the printing of currency, control of money supply, maximization of employment, and the minimization of inflation.
Explanation:
The nation needed to enjoy economic stability by having a central bank that executes the monetary policies of the Federal government. The Federal Reserve Act provided the United States government with a safer, more stable, and more flexible monetary and financial system. Since its establishment, it has worked to ensure the enthronement of an efficient national payments system, flexible money supply, and effective lending/borrowing mechanism to ease liquidity crises for the facilitation of investments and industrialization of the nation.
Answer:
Cause everyones money was taken as tax for the wars
Explanation:
Answer:
The settlement of Kentucky came from the idea of western movement of migration that lured the 18th century mind of the American population. And it was a direct result of the creation of the Wilderness Road.
Daniel Boone was the first man responsible to follow a narrow foot trail used by buffaloes, deer, and Indians that took him through the Cumberland gap in southwestern Virginia. In 1775 he and thirty woodsmen used axes to extend the Warriors’ Path into what became known as the Wilderness Road, a passage that more than three hundred thousand settlers would use to create the settlement of Kentucky.
Explanation:
correct me if i am wrong
Government corruption ,is the right one....
The contras revieved support from Soviet Union and that’s maybe wrong I don’t know
