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  • The Advancement, Development and Integration of the Federal Reserve System

     

    Essays1 Economics

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ID number:500244
Evaluation:
Published: 01.12.1996.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

Since its creation on December 23, 1913, the Federal Reserve System--which, in generalized terms, is America's central bank--has greatly benefited the United States' economy. Toward that end, the Federal Reserve System has created and maintained many services for both the government and citizens of the United States; these services include the regulation of financial institutions, maintaining of the payments system and consumer protection laws, and conducting and overseeing monetary policy. Only a logical and stable financial network could carry out the aforementioned services, whose principles would adapt to economic issues and crises as they arise.…

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