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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.
Answer: testing
Explanation:
Here's the complete question:
The work of James Cattell, Alfred Binet, and Walter Bingham contributed extensively to the emphasis of ......... in career counseling.
Career counseling simply means the advice and support that is is given to people by the career counselors which is vital in knowing the path to take in life.
James McKeen Cattell, is known for his use of mental testing to businesses,. education and industries. Alfred Binet, born invented the IQ test, while Walter Bingham created the Alpha and the Beta test and other aptitude tests for the Army.
Galloway proposed the formation of an American colonial
parliament to act with the Parliament of the Great Britain. The parliament
would involve a President-General which would be chosen by the colonial congresses.
Galloway’s plan would have retained the British Empire calm, while permitting
the colonies to have their opinions over their peculiar matters. It was not acknowledged
by the Congress, which directed to the divergence of argument with the extremists
that increases the upper hand due to the presence of the Suffolk Resolves at the
congress. It was beaten by a vote of six to five on October 1774.