Donald trump bro all the way
Answer:
Your question.
Explanation:
Is incomplete and has no meaning within it.
A. shipping rights on the Mississippi River and access to New Orleans.
Answer:
A central bank was needed to prevent the future panics is the correct answer.
Explanation:
The panic of 1907 is also known as the Bankers Panic .It was a financial crisis that occurred in US during mid October of 1907. During the crisis the New York Stock Exchange fell by fifty percent and due to panic people withdrew their money from banks and trust companies. The panic later spread throughout the nation. The panic happened due to the attempts to corner the market. Financier J.P Morgan prevented the panic from deepening by pledging large sum of money and by convincing other bankers to do the same. The panic highlighted the needs of an independent Treasury system to mange money supply and inject liquidity in the market when the need arose. Next year a committee was established by John D Rockefeller Jr. to find out the reasons of the crisis and propose solutions, it led to the creation of Federal Reserve System.
In 1971, the government that raised its price of oil thus resulting in other OPEC countries doing the same is Libya.
Some members of the OPEC or Organization of Petroleum Exporting Countries are the following:
Iraq, Iran, Angola, Libya, Qatar, Saudi Arabia, UAE.
