Answer:
It was called "critical period" because the government at the center failed in his capacity to bring about solutions to many problems relating to the economy.
Explanation:
John Fiske in 1888 describe the critical period of American history as the period where colonies that were independent are bedeviled with lots of assemblage of domestics and array of foreign issues during the end of the revolutionary war in America in 1783.
It must be noted that it was during the period that George Washington was also to be inaugurated as the new American president
<span>Since the decision of the
Speaker of the House, John William McCormack, was to ask the high
chamber member Adam Clayton Powell Jr. not to take an oath, because of
the previous scandal in which Powell had been involved; If
the jury had decided in favor of Speaker McCormack, the way of operating
in the congress would have been questioned, since only one member could
be expelled according to what the constitution says, and not by the
decisions of the speaker. <span>The scope would have been very
large if it failed in McCormack's favor, giving a sense of illegality or
favoritism, and voters would feel that their representatives were not
respected.</span></span>
The correct answer is B) The Federal Reserve:
Since the beginning of the crisis in August 2007, central banks have shown a great capacity for reaction. They have also acted both to avoid a systemic banking crisis and to limit the impact on growth. In addition, the US Federal Reserve eased monetary policy by injecting liquidity and, eventually, acting on interest rates.
Banks are traditionally financed by borrowing money in the short term in the interbank market. But the financial crisis that began in 2007 has been characterized by a great mutual distrust among banks, which led to an increase in interbank rates. Interbank rates far exceeded the central bank's guide rate. In addition, central banks have intervened massively to inject liquidity, hoping to reduce money market tensions and restore confidence. The monetary policy has also been characterized by an extension of the duration of the loans, an extension of the guarantees and the possibility of obtaining refinancing.
In addition to providing liquidity, in order to reduce the impact of the financial crisis on growth, the Fed has lowered its guideline considerably, which has gone from 6% at the beginning of 2007 to 0.5% at the end of 2008. On the other hand, the ECB has not lowered its guideline type.
The answer to your question is cripes