In the early 1900s, Congress acted to regulate the nation's money supply more effectively by

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11 October, 01:52

In the early 1900s, Congress acted to regulate the nation's money supply more effectively by

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Answers (2)

Know the Answer?

Guzman · Answer 1

The creation of the Federal Reserve Bank in 1913

Makai · Answer 2

Considering the choices;

(1) increasing the minimum wage

(2) raising the protective tariff

(3) creating the Federal Reserve System

(4) adopting the Clayton Antitrust Act

Answer;

3. Creating the Federal Reserve System

Explanation;;

The Federal Reserve System is the central bank of the United States.

The United States Federal Reserve System was established to regulate the money supply.

-It was founded by Congress in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial system.

-Over the years, its role in banking and the economy has expanded.

-The Federal Reserve System has three functions: monetary policy, supervision and regulation, and financial services.