The reason many United States Congress block the readmission of former Confederate states under their proposed constitutions is because "they felt that the new representatives had been leaders of the Confederacy."
- This is based on the belief that these representatives would be antagonistic to the governance of the United States.
Hence, in this case, it can be concluded that initially, the United States Congress was reluctant to accept the Confederate States back into the Union.
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The Federal Reserve Act is an Act of Congress that created the Federal Reserve System, and which created the authority to issue Federal Reserve Notes as legal tender
The answer would be the Cabinet. The cabinet Is made up of secretarys from each department and they advise the president.
Which statement best explains financial crises in the global economy?
"A financial crisis in one country can quickly spread to other countries."
A financial crisis in the global economy refers to breaking trust between banks and deep stress in global financial markets. For example, a downturn that starts in the United States will soon spread to the rest of the world, through linkages in the global
financial system. So many banks around the world will have significant losses and will depend on their government that supports them to avoid bankruptcy.