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.
Hi!
Religions that originated in the middle east include Judaism, Islam, and Christianity. Buddhism was founded in India originally and Hinduism originated in present-day Nepal. Judaism, Islam, and Christianity on the other hand were each founded in middle eastern countries.
Free trade agreements
The goal of both NAFTA and the EU is to create free trade between the countries of their given continent.
Free trade means no tariffs on imported goods and the ability of corporations to move their products from country to country with no penalty. For NAFTA, Canada, the US, and Mexico can freely trade across the borders and tariffs will not be imposed under the treaty.
Answer:
can u translate to English?
Explanation:
plss translate it to English
The Congress of the United States has been located in all of the following cities, sometime in its history, except "Boston," since this was never close to where a capital was formed.
