The Federal Reserve System was born out of a compromise between which

two sets of interest groups?

A. States' rights advocates and Federalists

B. Farmers and manufacturers

C. Union leaders and fiscal conservatives

D. Bankers and populists

Question

Marco Hays

History

7 May, 19:31

The Federal Reserve System was born out of a compromise between which

two sets of interest groups?

A. States' rights advocates and Federalists

B. Farmers and manufacturers

C. Union leaders and fiscal conservatives

D. Bankers and populists

+2

Answers (1)

Know the Answer?

Felipe Lin · Answer 1

Option D

Explanation:

1913: The Federal Reserve System is Born

By December 23, 1913, when President Woodrow Wilson signed the Federal Reserve Act into law, it stood as a classic example of compromise-a decentralized central bank that balanced the competing interests of private banks and populist sentiment.

The Federal Reserve System was born out of a compromise between whichtwo sets of interest groups?A. States' rights advocates and FederalistsB. Farmers and manufacturersC. Union leaders and fiscal conservativesD. Bankers and populists

The Federal Reserve System was born out of a compromise between which

two sets of interest groups?

A. States' rights advocates and Federalists

B. Farmers and manufacturers

C. Union leaders and fiscal conservatives

D. Bankers and populists