Why did Congress pass the Federal Reserve Act in 1913, when the US had functioned without a central bank since 1836?

Answers

Answer 1

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.


Related Questions

At the Convention of 1832, Texans asked that Texas become a separate state.
True
O False

Answers

Answer: The political leaders also agreed to Austin's stipulation that if the federal government refused to address the petition within several months, Texas residents would form their own state government, essentially declaring independence from Coahuila, if not from Mexico.

True

hope this helps :)

Answer:

The political leaders also agreed to Austin's stipulation that if the federal government refused to address the petition within several months, Texas residents would form their own state government, essentially declaring independence from Coahuila, if not from Mexico.

true

Explanation:

Queen Hatshepsut be came a powerful leader by, Hatshepsut stayed in power was to construct many buildings and monuments.

She also Her rule was relatively peaceful and she was able to launch a building program that would see the construction of a great temple at Deir el-Bahari at Luxor. She also launched a successful sea voyage to the land of Punt, a place located somewhere on the northeast coast of Africa, where they traded with the inhabitants, bringing back “marvels.”



must be 100 words or more

Answers

Her rule was relatively peaceful and she was able to launch a building program that would see the construction of a great temple at Deir el-Bahari at Luxor. She also launched a successful sea voyage to the land of Punt, a place located somewhere on the northeast coast of Africa, where they traded with the inhabitants, bringing back “marvels.”

Despite the apparent success of her reign, and a burial in the Valley of the Kings, her monuments would be defaced after her death, apparently by her co-ruler and step-son/nephew Thutmose III.  

The fact that a woman became pharaoh of Egypt was very unusual. “In the history of Egypt during the dynastic period (3000 to 332 B.C.) there were only two or three women who managed to rule as pharaohs, rather than wielding power as the ‘great wife’ of a male king,” writes Egyptologist Ian Shaw in his book "Exploring Ancient Egypt" (Oxford University Press, 2003).

The founder of the Ottoman empire had a dream that tree branches were extending from his body and stretched to which three continents?
A. North America, South America and Europe
B. Europe, Asia and North America
C. Europe, Asia and Africa ​

Answers

The correct answer is C) Europe, Asia, and Africa.

The founder of the Ottoman empire had a dream that tree branches were extending from his body and stretched to which three continents  Europe, Asia, and Africa.

Here, we are talking about a moment of the Euro Asian history in which Osman, the founding leader of the Ottoman Empire had a dream. In that dream, a spiritual figure called Sheikh Edebali. There, Osman could envision how he led his troops through many parts of Europe, Africa, and Asia.

In the dream, Osman envisioned mountain ranges such as the Caucasus, the Danube River, and the North African region with the Nile River. His vision reached places in the Middle East such as regions between the Tigris and Euphrates Rivers.

PLZ HELP
The Tennessee Valley Authority (TVA) benefited the Tennessee Valley region because it helped

A. build new houses.
B. develop infrastructure.
C. fund new businesses.
D. regulate electricity.

Answers

The Tennessee Valley Authority (TVA) benefited the Tennessee Valley region because it helped to regulate electricity. Thus option (D) is correct.

What is Tennessee Valley Authority?

Tennessee Valley Authority was set up in 1933. It was an US organization established to control floods, improve navigation, improving the standard of living of the farmers and to produce the electricity to the regions of the Tennessee valley.

TVA distributed power through local government utility companies and rural electric cooperatives, more people had power lines going up in their communities. For the first time, many Tennesseans had the opportunity to use electricity in their homes and farms.

Thus option (D) is correct.

Learn more about electricity here:

https://brainly.com/question/12791045

#SPJ1

Answer:

answer D is correct, regulate electricity.

Explanation:

took the quiz on edge 2022, hope this helps!!!

How did the British convince slaves to fight against the Patriots?
A.
by promising them British citizenship
B.
by promising them freedom
C.
by promising them special privileges
D.
by promising them money

Answers

Answer:

B

Explanation:

People enslaved in America wanted nothing more than freedom, and by siding with the British you had a better chance at escaping slavery.

Answer:

The answer is B

Explanation:

Which colony relied most on plantations to fuel its economy

Answers

Answer:

Barbados’ booming plantation economy had developed in just a few short decades, due to a series of geographic and historic advantages. After the English settled Barbados in 1627, they quickly began cultivating different crops to find a lucrative export.

Explanation:

hope this helps mark me please

What was prohibition and why did prohibitionists gain support during WW1?

Answers

Answer:

Following the election of 1917 the federal government introduced national prohibition by an Order in Council that became effective on April 1, 1918. It prohibited the importation of alcohol of more than 2.5 percent into Canada, the inter-provincial trade of alcohol, and included a ban on production.

Explanation:

please mark me as brainliest thank you

Which occurred in the early 1800’s
A. Plantation owners forbade religious practice among enslaved workers.
B. African Americans were welcomed to all religious revival meetings.
C. All American churches began to protest discrimination and slavery.
D. Free African Americans founded the first African American colleges.
Please help! Thx

Answers

Answer:

Free African Americans founded the first African American colleges.

Identify each belief as belonging to the Federalist Party or the Democratic-Republican Party.
opposed the Jay Treaty
believed in the support
of informed citizens
had anti-French feelings
believed in the principles
the French Revolution
passed the Alien and Sedition
Acts

Answers

Answer:

Federalists: opposed the Jay Treaty, believed in the principles of the French Revolution, believed in the support of informed citizens

Democratic-Republicans: had anti-French feelings, passed the Alien and Sedition Acts

I hope this helps!! :)

What does the prefix "hind" mean? How do you know?​

Answers

Answer:

is this all of the question

The part that follows or is behind. An example is the dogs hind legs ( the dogs back legs)

What reason does Stephens give to support his
argument against secession?
O He tells the delegates that the North is too weak to
stop the spread of slavery.
O He believes that Lincoln is a good man and will not
put the country in jeopardy.
O He thinks that Lincoln may be starting to accept the
Southern opinion on slavery.
O He reminds the delegates of the Constitution's
checks on presidential powers.

Answers

Answer:

He reminds the delegates of the Constitution’s checks on presidential powers

Explanation:

got it right on edge 2020

Answer:

d

Explanation:

the man above is correct and i want to post this in support of him

which of these pieces of land is an example of a fief?

Answers

Land that someone other than the owner is allowed to use in exchange for taxes.

Answer & Explanation in the pic! Hope this helps :)

What happens state by state in the
month of November to elect the
president?

Answers

Answer:

each state votes and the votes are counted

Explanation:

Which of the following correctly states the relationship between the rise nazis and German anti Semitism

A.the nazis came to power mainly because the rise of nazis and German anti semitism

B.before the nazis come to power there were very little anti semitism in Germany

C.the nazis his their anti semitism from voters so that they can win elections

D.the nazis anti semitism probably did not win or lose many votes

Answers

Answer:

From what I know, it is C.

Explanation: Hope this helps..

Answer:

C

Explanation:

Credit to the guy above

What best describes an enlightened despot?

Answers

Answer:

An enlightened despot (also called benevolent despot) is an authoritarian leader who exercises his political power according to the principles of the Enlightenment. Historically they were monarchs using enlightened ideas and principles in order to enhance the central government's power.

Explanation:

Hope this helps!

if so... plz mark BRAINLIST

thx!

Answer:

its refers to the conduct and policies of European monarchs during the 18 and 19 centuries

does this look like a space ship to you

Answers

Answer:

it kinda looks like the Star War ships so yeah

Explanation:

How did Santa Anna hide from the Texan army at San Jacinto?
a.
He hid under the rubble of Vincent’s bridge.
b.
He hid in the swamp.
c.
He disguised himself in a Texan soldier’s uniform and hid among the trees.
d.
He disguised himself in a Mexican soldier’s uniform and hid in the tall grass.


d.
12:00 p.m.

Answers

Answer:

a

Explanation:

i studied this-

How did the treaty of paris in 1763 change the map if North America?

Answers

Answer:

France no longer controlled the lands in the Ohio River Valley. British settlers began moving over the Appalachian mountains which caused problems with Native Americans.

Explanation:

Question 5 of 10
What two styles of guitar are both used in hip-hop music?
A. Banjo and ukulele
B. Box and 12-string
C. Acoustic and fingerpicking
D. Funk and gospel
SUBMIT

Answers

Answer:

I am assuming by the green check mark that it is C. Acoustic and fingerpicking.

Explanation:

May I just say though this is really sweet and kind of you to post the correct answer to the question! Keep being you!

Peace and Love

Which of the following was not a place where people traveled from to trade in the Sahel?

A. Asia
B. Africa
C. Europe
D. the Mediterranean

Answers

Answer:

Asia is the answer

Hope this helps

God bless

Answer:B.Asia

Explanation:

18. Which two Latin American countries had the strongest support for communism in the early twentieth century?
a. Brazil and Argentine
b. Uruguay and Venezuela
c. Chile and Cuba
d. Mexico and Colombia

Answers

Answer:

C. Chile & Cuba

Answer: c. Chile and Cuba

Explanation:

Why do you think Marzynski is making the film? What do you think he hopes to accomplish or find by this film? Are his motives similar to or different from Zbyszek’s? Explain. Write at least one paragraph.

Answers

Answer:

I think he is making the film to tell a story about the Holocaust so people can gain more knowledge and interest in it. His motives are very similar because they both have about the same end goal which is the gain of knowledge.

Explanation:

Answer:

I think Marzynski is making the film so others can see what happened and how Germany is still dismissing this important event. I think he wants to help educate the younger generation on the terrors innocent people were apart of. I don’t believe that his motives are similar because Zbyszek wanted to learn about his family’s history and their lives before the Holocaust, Marzynski is making a document for educational purposes about the Holocaust and life afterward.

Explanation:

Who could you find arguing with the people of Athens? A. Aristotle B. Socrates C. Plato

Answers

Answer:

B. Socrates

Explanation:

thats the answer

Answer: A=Aristotle. B Socrates. C=Plato

Explanation:

The above events and issues occurred during what period of time in Americanh
Pllzzzzzzzz help

Answers

Answer:

Early Republic Era

HELPPP ME FOR BRAINLIEST

Which of the following explains the FIRST goal of the Pan-African movement?
A
improving life for all Africans

B
establishing the African Union

C
fighting European colonization

D
obtaining better rights for women

Answers

Answer:

B. establishing the African Union

Explanation:

Pan-Africanism is a worldwide movement that aims to encourage and strengthen bonds of solidarity between all indigenous and diaspora ethnic groups of African descent.

Which place name best completes the diagram ?

The Spread of Buddhism

? China. Japan

A. Korea
B. India
C. Vietnam
D. Cambodia ​

Answers

Answer:

India, I think...

Explanation:

Answer:

The answer is india

Explanation:

AP EX

What U.S. action was influenced by the Cold War?
a) Camp David Accords
b)Boycott of 1980 Olympics
c) War on Terrorism
d)Iranian Hostage Crisis​

Answers

Answer:

a. Camp David Accords

Explanation:

I majored in History

HELP thx appreciate it

Answers

Answer:

the protection granted by the Constitution

Explanation:

The overwhelming supportive response behalf of many Oklahomans that came out of the Oklahoma City bombing tragedy became known as the “oklahoman”

Answers

Answer:

I believe the answer is D

Answer:

d

Explanation:

Just took the quiz

based on the excerpt how did the supreme courts decision in untied states v peters 1809 increae the power of the federal goverment

Answers

Answer:

By giving the federal government the right to override the legislature made by the state government.

Explanation:

United States government allow both States and Federal government to create their own legislations as long as they do not violate the constitution.  But, Problems often arise when  the legislations made by the state government and federal government  were opposing one another.

This was the main issue that was discussed in United States v Peters in 1809.

In that case, the court determine that the Federal government held supremacy over the states government. This means that if they legislations made by the Feds and the States are opposing one another, the legislations by Federal government's should always be prioritized. It could override any legislations made by the states

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