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Aneli [31]
4 years ago
13

The Fed was created A. to help finance government expenditures during World War II. B. after the stock market crash of 1929. C.

to help channel funds to the residential mortgage market. D. after financial panics in the late 1800s and early 1900s.
History
1 answer:
ivann1987 [24]4 years ago
3 0

Answer: D. After financial panics in the late 1800s and early 1900s.

Explanation:

Since 1863, the U.S. did not have a Central Bank that could asses a semblance of control over the currency. The financial panic of 1907 which saw a sudden decrease in stock value in the New York Stock exchange, led to a push from legislators and economists to establish a central bank or reserve that could intervene when markets showed signs of instability. Though a National Monetary Comission was established in 1908, The Fed was born in 1913 with the Federal Reserve Act, enacted on the same year.

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Evaluate the extent to which the Articles of Confederation created an ineffective government between 1781 and 1789.
mr Goodwill [35]

Answer: The major problem was that the national government was given limited power and they couldn't enforce any laws on the individual states which made them weak.

Explanation: The Articles of Confederation and Perpetual Union was an agreement among the 13 original states of the United States of America that served as its first constitution with the purpose of planning the structure for a new government. At this time, the people were loyal to their individual states rather than the nation as a whole.

Firstly, the Articles gave Congress the power to pass laws but no power to enforce those laws and if a state did not support a federal law, that state could simply ignore it. Secondly, Congress had no power to levy taxes or regulate trade and without a federal court system or executive leader, there was no way to enforce these laws either. Finally, amending the Articles of Confederation would require a unanimous decision, which proved extremely difficult.

All these contributed to an ineffective national government as each state was sovereign.

4 0
3 years ago
Facts about Melville bissell
S_A_V [24]
He invented the carpet sweeper
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3 years ago
How are the International Monetary Fund and the World Bank similar?
kondaur [170]

The International Monetary Fund and the World bank are similar by the way they both fight poverty in developing countries.

Answer: Option C

<u>Explanation:</u>

The International Monetary Fund and the World Bank fight to raise the living standards of the developing nations. The IMF provides support and advice to the countries as of how to develop the economy of a nation.The World Bank works out on all possible ways to develop the countries economic status on a futuristic view.

The World Bank provides money to fund projects of the developing country which would raise the economy. In times of crisis or natural calamity at once it lends a helping hand providing them assistance in medicine and other requirements.

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Answer:

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After Napoleon invaded Russia, his armles were forced to retreat because they were
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