History

History, 02.10.2019 11:30, bnvghnbbb

The main purpose of the federal reserve act of 1913 was to

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History, 03.07.2019 12:20, chloe1107

Which of the following conclusions can be drawn about the impact of the federal reserve act of 1913 on the u.s. economy, based on the statement below? before the passing of the federal reserve act of 1913, most of america's trade was financed by european bankers. by the early 1920s, over half of america's trade was financed by american bankers, and the dollar had become the international trade currency. - excerpt from "the fed's formative years" by david c. wheelock a.the federal reserve act of 1913 changed the economy from being import-based to export-based. b.the federal reserve act of 1913 allowed the federal government to expand industry in the u.s. c.the federal reserve act of 1913 increased the amount of money banks could lend to international investors. d.the federal reserve act of 1913 paved the way for the u.s. to become an international economic superpower.

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History, 14.07.2019 18:20, bjbass899

The main purpose of the federal reserve act of 1913 was to

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History, 31.07.2019 12:40, leeleelynn

Which of the following facts would support the argument that the federal reserve act of 1913 paved the way for the u.s. to become a major world economic leader? the federal reserve act of 1913 loosened international trade restrictions, allowing more exports from the u.s. to be sold overseas. the federal reserve act of 1913 gave u.s. banks the ability to expand u.s. banking in foreign countries, thus spreading the use of the u.s. dollar worldwide. the federal reserve act of 1913 allowed u.s. banks to lend money to foreign businesses, thus creating a larger international trade network. the federal reserve act of 1913 established a centralized national bank, which was better insured and more respected worldwide, thus opening more doors for international trade.

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