What was established in 1913 as the central bank of the United States?

A. the Democratic Bank of the United States

B. the Federal Reserve System

C. the Second National Bank of the United States

D. the Federal Deposit Insurance Corporation

Question

Social Studies

Isla Ball

17 September, 02:24

What was established in 1913 as the central bank of the United States?

A. the Democratic Bank of the United States

B. the Federal Reserve System

C. the Second National Bank of the United States

D. the Federal Deposit Insurance Corporation

+1

Answers (2)

Know the Answer?

Elyse Medina · Answer 1

The answer to this question about the central bank of the United States that was established in 1913 was B. the Federal Reserve System.

This was in response or as a result to the passing of the Federal Reserve Act of 1913. This was also called during those times as the Currency Bill or the Owen-Glass Act. The Democratic Bank of the Unites States would be most likely be the first one of the presented options. Followed by the Second National Bank of the United States which was at 1816. Then the correct answer. Lastly the Federal Deposit Insurance Corporation at 1933 which is an independent organization.

Bennett Conway · Answer 2

The Federal Reserve System was established in 1913 as the central bank of the United States

What was established in 1913 as the central bank of the United States?A. the Democratic Bank of the United StatesB. the Federal Reserve SystemC. the Second National Bank of the United StatesD. the Federal Deposit Insurance Corporation

What was established in 1913 as the central bank of the United States?

A. the Democratic Bank of the United States

B. the Federal Reserve System

C. the Second National Bank of the United States

D. the Federal Deposit Insurance Corporation