Answer:
Congress passed the Federal Reserve Act in 1913, when the US had functioned without a central bank since 1836 because it wanted to end the numerous financial crises faced by the nation since its founding.
Primarily, the Federal Reserve Act of 1913 created the central bank of the United States. Its purposes included the printing of currency, control of money supply, maximization of employment, and the minimization of inflation.
Explanation:
The nation needed to enjoy economic stability by having a central bank that executes the monetary policies of the Federal government. The Federal Reserve Act provided the United States government with a safer, more stable, and more flexible monetary and financial system. Since its establishment, it has worked to ensure the enthronement of an efficient national payments system, flexible money supply, and effective lending/borrowing mechanism to ease liquidity crises for the facilitation of investments and industrialization of the nation.
France and Britain acquired the most colonies in African during their colonial expansion.
I hope this helps.
Answer:
People felt that if communism started to take over, they'd never be able to have their rights back.
Explanation:
"The Sputnik launch changed everything. As a technical achievement, Sputnik caught the world's attention and the American public off-guard. Its size was more impressive than Vanguard's intended 3.5-pound payload. In addition, the public feared that the Soviets' ability to launch satellites also translated into the capability to launch ballistic missiles that could carry nuclear weapons from Europe to the U.S. Then the Soviets struck again; on November 3, Sputnik II was launched, carrying a much heavier payload, including a dog named Laika.
The Sputnik launch also led directly to the creation of National Aeronautics and Space Administration (NASA). In July 1958, Congress passed the National Aeronautics and Space Act (commonly called the "Space Act"), which created NASA as of October 1, 1958 from the National Advisory Committee for Aeronautics (NACA) and other government agencies."- https://history.nasa.gov/sputnik/
