The Federal Reserve System was created in the early 1900s in an effort to decentralize the central bank. The founders did not want one central bank located in New York or Washington, DC, so they formed a system with 12 district banks. The second reason for the Federal Reserve System was that communication and transportation were much slower and less efficient than today. In an effort to maintain control and offer assistance to member banks, it was necessary to disperse Federal Reserve facilities across the country.
A progressive tax is a tax which causes the situation that the rich contribute more to the finances of the country than the poor - this means that the more one earns, the more one also pays in taxes. The correct answer is: d. Under a progressive tax, those with more income shoulder more of the tax burden.
Answer:
Factor that is most responsible for unifying Southwest Asia and North Africa as a culture region? Islamic religion.
Explanation:
The correct answer of the given question above would be the APACHES. The American Indian group that became feared enemies of the Spanish, especially after they obtained horses is the Apaches. Other choices of this question include Karankawas, Tiguex and Pueblos. Hope this answer helps.
