What was one reason the us government started a federal reserve system? to provide consumers with access to funds for business expansion to keep the banking power of the united states spread out among various districts to make sure that the us banks were obeying laws regarding banking to have a place for banks to deposit their excess deposits?

The Federal Reserve System was started by the US Government to keep the banking power of the United States spread out among various districts. It was created in 1913 as a response of the United States to a series of financial panics. They created this system in order for the country to minimize the long-term effects of such financial crisis and prevent the country from experiencing a complete economic downfall.