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Greeley [361]
3 years ago
9

I need help on this so I can write a 2-3 paragraph essay

History
1 answer:
SCORPION-xisa [38]3 years ago
6 0
Here this is an example, one word, Trump
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Why did Congress pass the Federal Reserve Act in 1913, when the US had functioned without a central bank since 1836?
viktelen [127]

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.

5 0
3 years ago
Mier y Terán made all of the following observations about Texas during his inspection for the Mexican government except:
worty [1.4K]

Answer:

b

Explanation:

i took the test

4 0
3 years ago
HELPPP
GenaCL600 [577]

I believe the answer is F. did all of these

4 0
3 years ago
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Is it fair to claim that powers like Britain, France, and Belgium got a raw deal during imperialism?
goblinko [34]

The statement is TRUE.

Old imperialism was characterized by direct occupation and dominance of a territory, and started with the arrival of the Spanish to America leaded by Columbus in 1492. Colonized territories depended on their mother country for political, economic, social and cultural issues. Apart from Spain, also other countries such as France, UK or Belgium created their own empires.

The relationships established with the colonist were mostly profitable for the mother country, specially in economic terms. Such system allowed the mother country to consume raw materials, minerals and other resources from the colonies only paying for the costs of their obtention or extraction, and to use them to produce manufactures. Subsequently, they traded the final products in the international markets, becoming powerful exporting nations. They even sold those final products back in the colonies.



8 0
3 years ago
Who were the activists involved in the 1965 voting rights?
Vilka [71]
The Voting Rights Act of 1965, signed into law by President Lyndon B. Johnson<span>, aimed to overcome legal barriers at the state and local levels that prevented African Americans from exercising their right to vote as guaranteed under the 15th Amendment to the U.S. Constitution</span>
3 0
3 years ago
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