Explain why it is important to the United States economy for the Federal Reserve System to control the money supply.

The Federal Reserve System, also known as "The Fed," is America's central bank.1  That makes it the most powerful single actor in the U.S. economy and thus the world. It is so complicated that some consider it a "secret society" that controls the world's money. They’re partly right. Central banks do manage the money supply around the globe, but there is nothing secret about it.

To understand how the Fed works, you must know its structure. The Federal Reserve System has three components:

Explanation:

It is important for the Federal Reserve System to regulate the money supply so that conditions such as inflation and unemployment stay under control. If there is too much money in the economy, then prices go up and inflation rises. If there is too little money in the economy, then business activity slows down causing a halt to economic growth, which will result in a rise in unemployment.

though africans landed with few possessions, they carried their cultures, skills, and spiritual worldviews into the americas. wherever african religions took root in the new world, africans and their descendants changed and adapted their belief systems to local circumstances and influences. individual circumstances created variations in the way people practiced their faiths, what they believed, and what significance it held for their lives.

explanation:

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