The Federal Reserve Act

question 110

Multiple Choice

The Federal Reserve Act

• A) created a new type of paper currency.
• B) helped to reduce loans to private banks.
• C) was designed to push troubled banks out of business.
• D) was regulated by a board whose members were elected by Congress.
• E) created sixteen regional banks.

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Definitions:

Schlieffen Plan

A German military strategy developed before World War I to quickly defeat France and then turn east against Russia.

Trench Warfare

A method of combat during World War I in which opposing troops fought from systems of trenches dug into the ground.

Battle of the Marne

A significant First World War battle near the Marne River in France in 1914, which resulted in a victory for the Allies, halting the German advance towards Paris.

Triple Entente

An alliance formed in the early 20th century between France, Russia, and Great Britain, which played a significant role in the build-up to World War I.