Answer:
Issue paper money and increase or decrease the amount of money in circulation by altering interest rates
Explanation:
The Federal Reserve Act 1913 was the act created by the Congress in the U.S. legislation. The act was formed to create the economic stability by making the central bank as an overseer of monetary policies of the U.S.
The act was signed by President Woodrow Wilson into the law. Under this act, 12 Federal banks were given authority to print or issue the paper money, to alter the discount rates, the Fed Fund rates. This law also gave the authority to the Federal reserve boards to buy and sell the U.S. treasuries.
C.after facing starvation, strict leader ship and the discovery of tobacco led to success for southern colonies
Answer:
The Panic of 1907 was the first worldwide financial crisis of the twentieth century.
Explanation:. It caused the creation of what we know as the Federal Reserve
The methods of dealing with economic crisis that were established during the New Deal that are still used today are paying pensions and benefits for the elderly, children, and the handicapped and <span>regulating the stock market.</span>
Because of the various technological and industrial advancement, there was huge growth of cities in America.
Explanation:
Many new possibilities if employment were opened in America which allowed many immigrants to occupy in order to have a better livelihood. Transatlantic railroad construction companies observed Asians to be the cheapest form of labor and many Chinese were employed in the construction of it. Urbanization in America led to the growth of busy commercial cities like Boston, New York and Philadelphia.
Textile mills and many sweat shops attracted the women workers too. Although, cities sprang up to be developed during the nineteenth century, it also paved way for many reform movements like labor union movements, women suffrage movements.
