Answer:
Most Americans believed President Clinton was increasing jobs and median household income.
Explanation:
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William Shakespeare
Explanation:
- William Shakespeare bears the title of one of the world's leading dramatists. His influence on the English language was so strong that even after 4 centuries, some of his phrases were still in use.
- He has written a total of 38 theater plays and 154 sonnets.
- Although little is known about his life, his works such as Hamlet, Romeo and Juliet, King Lear have had a great influence on literature and theater for over 400 years.
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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.
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