The Immediate Impetus for the Establishment of the Federal Reserve

question 205

Multiple Choice

The immediate impetus for the establishment of the Federal Reserve System came from

• A)severe outbreaks of inflation in the early 1900s.
• B)four severe banking panics between 1873 and 1907.
• C)the discovery of gold in Alaska.
• D)the desire to copy the founding of the Bank of England.

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Definitions:

Disordered Brain

Refers to a state or condition where the brain's normal functions are disrupted, leading to psychological or neurological issues.

Electroconvulsive Therapy (ECT)

A medical treatment for severe mental illnesses where small electric currents are passed through the brain, intentionally triggering a brief seizure.

Tardive Dyskinesia

A neurological disorder characterized by involuntary, repetitive body movements, often resulting from long-term use of antipsychotic medication.

Schizophrenia

A long-term mental disorder characterized by distortions in thinking, perception, emotions, language, sense of self, and behavior.