Answer:
Creation of Federal Reserve System
Explanation:
An important innovation initiated by Wilson was a complete reorganization of the financial and banking system and monetary circulation. Today, it is difficult for Americans to imagine what kind of financial turmoil reigned in their country from the time of the Civil War until the beginning of the 20th century. At that time, about seven thousand banks were functioning. Gold and silver coins, certificates, notes of the National Bank were in circulation, and all the monetary circulation was under the full control of Wall Street.
To harmonize the financial system with the needs of the economy, Wilson was pushing for a law to create the Federal Reserve System (Fed), which serves as the central bank of the United States. The President adhered to the “golden mean.” He listened to the advice of conservatives and, for the sake of the effective functioning of the financial system, agreed to create 12 regional federal banks. However, the stumbling block was the principle of forming the Fed's board, which, according to the personal plan of Wilson and his progressive advisers, was supposed to regulate its activities. The president had to withstand the extraordinary pressure of banking tycoons accusing him of trying to strip them of control of their property. But he did not make any concessions, considering the appointment of the composition of the board of the Federal Reserve System solely the competence of the president. Therefore, in the management of the Fed, although its ownership is private, the state plays a significant role.
When then-President Boris Yeltsin stood on a tank in 1991, waving a fist in defiance of communist hard-liners, he heralded a new dawn for Russia.The Soviet Union collapsed months later, promising to usher in a new era of Western-style democracy. But at the end of Yeltsin's rule, eight years later, democracy had become a dirty word for most Russians.President Vladimir Putin often is praised for bringing an end to what some see as a reign of lawlessness and corruption under Yeltsin, his predecessor. But not everyone agrees. Some officials who ran the government under Yeltsin say Putin has put an end to a period of positive change.
They were known as the Sans Culottes.
World War I. Main article: U-boat Campaign (World War I)
See also: Mediterranean U-boat Campaign (World War I)
<span>Submarine warfare in World War I was primarily a fight between </span>German<span> and Austro-Hungarian U-boats and Atlantic supply convoys bound for the </span>United Kingdom<span>, </span>France<span>, and </span>Russia<span>.</span>
Also known as the Warsaw Pact invasion of <span>Czechoslovakia, it was known as Operation Danube when over an army of 250,000 invaded the country.
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The Army consisted of troops from Poland, Soviet Union, Hungary, East Germany and Bulgaria.
The invasion was conducted to ensure the 'Prague Spring' reforms do not come into effect and that the Community Party in C<span>zechoslovakia, which was friendly to Soviet Union, remained powerful and influential.
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</span><span>However, the invasion was unpopular within the country and a passive-aggressive reaction was seen from the local population. Non-violent acts such as, food, water, and other resources were denied and anti-Warsaw pact graffiti welcomed the soldiers everywhere they went.
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</span><span>There were also negative reactions from around the world and even within the Warsaw pact itself.
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