A major reason for the creation of the Federal

Reserve System (1913) was to

(1) regulate the supply of money in the economy

(2) lend money directly to consumers at low

interest rates

(3) finance public works projects

(4) invest government money in private

industries

Question

Israel Potts

History

4 November, 16:25

A major reason for the creation of the Federal

Reserve System (1913) was to

(1) regulate the supply of money in the economy

(2) lend money directly to consumers at low

interest rates

(3) finance public works projects

(4) invest government money in private

industries

+1

Answers (1)

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Martha Chavez · Answer 1

A major reason for the creation of the Federal Reserve System (1913) was to " (1) regulate the supply of money in the economy" which was drastically needed at the time.

A major reason for the creation of the FederalReserve System (1913) was to(1) regulate the supply of money in the economy(2) lend money directly to consumers at lowinterest rates(3) finance public works projects(4) invest government money in privateindustries

A major reason for the creation of the Federal

Reserve System (1913) was to

(1) regulate the supply of money in the economy

(2) lend money directly to consumers at low

interest rates

(3) finance public works projects

(4) invest government money in private

industries