Answer:
It was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial system. The Federal Reserve was created on December 23, 1913, when President Woodrow Wilson signed the Federal Reserve Act into law.
Explanation:
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<u>In 26th July 1956 Nationalisation ended in Europe. </u>
The English Renaissance, which developed behind the success and ideals of the Italian Renaissance, flourished during the rule of Elizabeth I, the last Tudor monarch and her successor James I, the first Stuart monarch.
Like other countries of Europe that experienced this surge in culture, science, religion, and revolution, England produced great academic and social materials which not only influence their day, but all later periods of world history. Literary works by Shakespear and Christopher Marlowe, as well as the transformative scientific treatises by Francis Bacon, and humanist movements celebrated by early Reniassiance figures like Thomas More all highlight the different facets of the English Reniassance.
Transformations in religion can also attribued to the ideas of the Reniassance, while the Church of England was established mainly for political reasons, the ideas behind change in religion were well recieved among those in the Reniassance, as a result we see the emmergence of Calvinism and Protestantism in England.
Some of the <span>political and social factors that contributed in the industrial revolution in Britain are:
</span>- Large and mobile work force- industry was an attractive source of working income.<span>
- Expanding economy
- Natural resources like iron and coal contributed to </span>industrial development<span>
- Political stability: The </span>stable government and established banking system encouraged market enterprise and entrepreneurship.
