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?

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Camille Orozco

History

12 March, 23:11

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?

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Cullen Chambers · Answer 1

That fact that supported the argument that the Federal Reserve Act of 1913 paved the way for the U. S. to become a major world economic leader is that the 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.