Answer:
B) A 29 year old businessman who was born in Georgia and has served four years as a Georgia senator
Explanation:
The above person meets the important criteria.
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.
Answer:
The right answer is:
The expanding role of the federal government.
Explanation:
FDR took over during the Great Depression, a time of enormous hardship, high unemployment rates, and suffering. His administration promoted legislation that created several social programs and led welfare policies. Some of the benefits created during that era became permanent social benefits in the USA, for example, retirement pensions and other benefits. This caused the enlargement of bureaucracy and government offices in the 1930s and in the following decades.
