The Banking Panic of 1907 in the United States Created

question 131

Multiple Choice

The banking panic of 1907 in the United States created pressure for Congress to find a way to stabilize the nation's banking system. The result was the:

• A) Revenue Act of 1916.
• B) Future Trading Act of 1921.
• C) Securities Exchange Act of 1934.
• D) Federal Reserve Act of 1913.

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Definitions:

Boston

A historic city in Massachusetts, United States, known for its significant role in American history, education, and culture.

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The absolute power or control over a particular area, organization, or group, without any limitations or oversight from others.

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