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Leno4ka [110]
2 years ago
5

What was the Federal Reserve Act designed to prevent?

History
1 answer:
skad [1K]2 years ago
7 0

Answer:

Banks needed a source of emergency reserves to prevent the panics and resulting runs from driving them out of business. A particularly severe panic in 1907 resulted in bank runs that wreaked havoc on the fragile banking system and ultimately led Congress in 1913 to write the Federal Reserve Act.

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What was the name of our first national constitution?
Burka [1]

Articles of Confederation. The Articles of Confederation and Perpetual Union was the first constitution of the United States. It was drafted by the Second Continental Congress from mid-1776 through late 1777, and ratification by all 13 states was completed by early 1781.

6 0
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Which of the following is one reason that the election of 1860 resulted in a win for Abraham Lincoln?
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I think it’s the second one
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Why was voter turnout low in Indian Territory on the issue of ratifying the Sequoyah Constitution? A. Many people thought that t
Liono4ka [1.6K]

The voter turnout was low in the Indian Territory on the issue of ratifying the Sequoyah Constitution as many settlers thought that Congress would not seriously consider Sequoyah statehood.

<h3>What is the significance of Sequoyah Constitution?</h3>

At the time of elections when Sequoyah was to be granted a status of a separate territory by the formation of Sequoyah Constitution, the voter count was low.

One of the primary reasons for low voter count was that the settlers believed that the American Congress was not serious about the Sequoyah Statehood.

Hence, option C holds true regarding the Sequoyah Constitution.

Learn more about the Sequoyah Constitution here:

brainly.com/question/19018042

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4 0
1 year ago
Was the author persuading,informing,or entertaining? Blue nine and red words. BRAINLY PLS I NEED YOUR HELP !ASP it’s reading
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What is the meaning of federalism?
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