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Why did Congress create an independent regulatory body to make monetary policy?

The US Congress gave the power to the Federal Reserve in 1913 to control the cost and supply of money in response to financial panic.


What was the basis of the American civilizations' economies?

Please provide more information/context/clarification to help us answer this question. You can post your response in this answer text by clicking "Edit."


Who pledged not to buy or use goods imported from Great Britain?

The American colonists, particularly those involved in the movement for independence, pledged not to buy or use goods imported from Great Britain as part of their resistance against British taxation and policies. This boycott was notably organized by groups such as the Sons of Liberty and was a response to the Stamp Act and Townshend Acts. It aimed to exert economic pressure on Britain and promote self-sufficiency among the colonies.


Why did Progressives pass legislation to regulate business practices?

Progressives passed legislation to regulate business practices in response to the rampant corruption, monopolies, and exploitation prevalent during the Gilded Age. They sought to protect consumers, workers, and small businesses from unfair practices and to promote competition. By implementing regulations, Progressives aimed to ensure a more equitable economy and address social injustices caused by unchecked corporate power. Their efforts were rooted in a belief that government should play a key role in safeguarding the public interest.


Explain the response to laissez-faire economics during the nineteenth century?

Explain the response to laissez- faire eonomics during the nineteenth century

Related Questions

What action did congress take to control trusts and monopolies in response to pressure from the American people?

Under Teddy Roosevelt, Roosevelt and Congress became known as trust-busters and broke up monopolies


What actions did congress take to control trust and monopolies in response to pressure from the American people?

Under Teddy Roosevelt, Roosevelt and Congress became known as trust-busters and broke up monopolies


What action did congress take control trusts and monopolies in response to pressure from American people?

Under Teddy Roosevelt, Roosevelt and Congress became known as trust-busters and broke up monopolies


How did the US Congress respond to concern regarding the power of trusts?

Public pressure for a federal law to prohibit trusts and monopolies led congress to pass the sherman antitrust act in 1890.


Congress passed the Interstate Commerce Act of 1887 and the sherman antitrust 1890 in response to?

Congress passed the Interstate Commerce Act of 1887 and the Sherman Antitrust Act of 1890 in response to prohibit monopolies. Who likes pizza cause I do


Congress passed the interstate commerce act 1887 and the sherman antitrust act 1890 in response to?

Congress passed the Interstate Commerce Act of 1887 and the Sherman Antitrust Act of 1890 in response to prohibit monopolies. Who likes Pizza cause I do


Why did American colonist convene the Continental congress?

to settle on a response to public protests against British treatment of the colonies


Which legislation was a response to the publics growing concern over trusts and monopolies?

Sherman Antitrust Act


Which legislative was a response the the publics growing concern over trust and monopolies?

Sherman Antitrust Act


What are the terms of the embargo act passed by congress?

The Embargo Act of 1807, passed by Congress, aimed to prohibit American ships from trading with foreign nations, particularly in response to British and French interference with American shipping and impressment of sailors. The act was intended to apply economic pressure on these nations and protect American interests but ultimately led to significant economic distress within the United States. It was highly unpopular and was repealed in 1809, as it failed to achieve its objectives and caused widespread hardship among American merchants and farmers.


The Freedmen's Bureau was Congress's response to the?

black codes


The Freedmen's Bureau was Congress response to the?

black codes