McCarthy argued that communism was expanding globally by highlighting its growth in countries like China and North Korea along with suspicions of espionage within the U.S. State Department. He also pointed to the increase in the Communist Party's popularity during the Great Depression, arguing that it indicated global appeal. However, his lack of concrete evidence led to his downfall during the Army-McCarthy hearings.
Explanation:Senator Joseph McCarthy argued that communism was a growing force across the globe by pointing to events and trends in post-World War II politics. He emphasized the spread of communism as countries like China and North Korea adopted it, referring notably to the establishment of the People's Republic of China by the Chinese Communist Party (CCP) in 1949. McCarthy also claimed that the U.S. State Department was filled with communists.
Moreover, McCarthy highlighted Soviet espionages in the United States and asserted that spies had passed atomic bomb-making secrets to the Soviet Union and sympathizers in the U.S. were concealing pertinent information. Furthermore, McCarthy seized upon the fact that the popularity of the Communist Party heightened during the Great Depression as those affected by economic disparity sought solace in the economic equality promised by communism, indicating that the ideology had substantial appeal worldwide.
While McCarthy's anti-communist campaign, known as McCarthyism, opened a tense chapter in the Cold War, his allegations were frequently based on intimidation and innuendo rather than solid evidence. Such tactics led eventually to his political downfall during the Army-McCarthy hearings in 1954 when his approaches were rejected by the American public, and he was censured by the Senate.
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The evidences that McCarthy provided to argue that communism is a growing force around the world were: The Lee List, The Tydings Committee Hearings, The Wheeling Speech, Use of FBI Files etc.
McCarthy's evidence to argue that communism was a growing force around the world was primarily based on a series of speeches and hearings where he presented lists of individuals he claimed were members of the Communist Party or were sympathetic to communist causes.
Some key points and pieces of evidence he used included:
1. The Lee List: In February 1950, McCarthy claimed to have a list of 205 known communists who were working in the State Department. This list was later referred to as the Lee List, named after Susan Lee, a researcher for the Republican National Committee who had compiled information on potential communists in the government.
2. The Tydings Committee Hearings: McCarthy was given the opportunity to present his evidence before the Tydings Committee, a subcommittee of the Senate Foreign Relations Committee. During these hearings, McCarthy made numerous accusations but provided little concrete evidence to support his claims.
3. The Wheeling Speech: McCarthy's most famous speech was delivered in Wheeling, West Virginia, where he claimed to have a list of 57 (sometimes reported as 205) communists in the State Department. The actual number varied in his accounts, and the specifics of the list were never substantiated.
4. Use of FBI Files: McCarthy often cited information from FBI files, which were not publicly available, to bolster his claims. However, the accuracy and relevance of this information were frequently called into question.
5. Alleged Security Breaches: McCarthy pointed to several high-profile espionage cases, such as those of Alger Hiss and the Rosenbergs, as evidence of widespread communist infiltration. These cases, while not directly linked to McCarthy's lists, contributed to the public's fear of communism.
6. Exploiting the Cold War Climate: McCarthy's claims played on the fears of the American public during the early years of the Cold War, a time when the Soviet Union was expanding its influence and the United States was engaged in a global struggle against communism.
7. Media Attention: McCarthy was adept at using the media to spread his accusations. The sensational nature of his claims ensured that they received widespread coverage, which in turn increased public concern about communist subversion.
It is important to note that McCarthy's methods were highly controversial, and his claims were often unsubstantiated or based on flimsy evidence. His tactics of smearing individuals and institutions with accusations of communist sympathies without providing clear proof led to the term McCarthyism, which is now used to describe the practice of making unfounded accusations to further a political agenda. Despite the lack of credible evidence, McCarthy's influence was significant, and his actions contributed to a climate of fear and suspicion in the United States during the 1950s.
The Magna Carta, in establishing certain rights and protections of medieval barons against arbitrary rule by the English King, was a document important for establishing the doctrine of which of the following? Select one: A. limited government B. divine right of kings C. universal suffrage D. free trade
Answer:
A
Explanation:
It was noblemen who wrote the Magna Carta in order to limit the king's power so there fore it is limited government.
Answer:
a
Explanation:
Magna Carta: Muse and Mentor. Executive Power. For centuries Magna Carta has stood for the principle that no man is above the law, not even a king. ... When the king is in violation, the barons have the authority to seize the king's properties by military force—or “distrain” him—until he complies.
5. Do you think the fact that Britain and Japan are islands enabled or deterred migration to and from
those places? Explain.
Migration has not been deterred because of the fact that Britain and Japan are islands. These are the world's most wealthiest islands.
Explanation:
The fact that these islands are not well connected by land routes has not affected migration. Migration has not been deterred to and from the islands. In fact, because of several employment opportunities and availability of more resources in these islands has enabled migration. A lot of people have migrated and still do to these islands to enjoy a better standard of living.
Final answer:
Britain and Japan being islands served as both protection and isolation, enabling controlled outward expansion for Britain as a colonial power, and the development of a unique culture and eventual industrialization for Japan. Both nations managed their migration policies according to their geopolitical needs and strategic interests.
Explanation:
The fact that Britain and Japan are islands has both enabled and deterred migration to and from these places. As islands, both nations have natural barriers that protect against invasions and unrestricted migration. Britain, using its naval prowess and island advantage, was able to control and limit migration to its shores while also projecting its power outward to colonize vast territories. Japan's island nature gave it a sense of isolation that allowed it to develop a unique culture, considerably free from continental influences.
However, it also led to periods of self-imposed isolation, such as during the Sakoku policy, when Japanese rulers restricted foreign influence and migration. When Japan encountered European colonialism, notably the British, they were inspired to industrialize to avoid colonization themselves. The Japanese limited interaction with Europeans, allowing only specific trading ships to approach. Despite Japan not having the same coal and iron ore reserves as Britain, it still managed to become a significant power by maintaining its independence and cultural heritage.
Additionally, Japan actively promoted emigration to surrounding Pacific areas and to the Americas, suggesting that being an island nation did not necessarily preclude the outward movement of people.
2. Why was the location of the Arabian Peninsula ideal for the spread of
goods and ideas? (7.2.5)
The correct answer is "Arabia lies at the crossroads of Africa, Asia, and Europe."
Further Explanation:
Since Africa, Asia, and Europe were all at the crossroad of Arabia this made the Arabian Peninsula ideal for the spread of their goods and ideas. Everyone could reach the area from different parts of the countries.
The men from Arabia were the ones who would be the middleman of all trades between the people of these lands. Since the lands were diverse and each region had something to offer, numerous goods and ideas were exchanged between the people.
The Arabian men also shared their knowledge of other trade routes with the others. It was a good situation for all involved.
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Is the following statement true or false? The U.S. judicial system considers precedent when making legal judgments. Select one: True False
The correct answer is true.
It is true that the U.S. judicial system considers precedent when making legal judgments.
In the United States legal system, precedent means that a previous case can be cited by the judges to justify an opinion or judgment in another case. There are present cases that are similar to past ones that have been decided by the court. So the principle of precedence says that similar cases could have similar decisions.
what is greek math science and history
Answer:
Greek mathematics, science and history is ancient methods used to help learn students back in time.
Explanation:
Greek mathematics, science, and history laid the groundwork for Western thought, with significant advancements in rational thought, mathematics, and science. Figures like Thales and Pythagoras exemplified the deep connection Greeks saw between math and the divine.
Greek philosophical and scientific principles were widely spread and served as the basis for future developments in these fields.
The influence of Greek mathematics, science, and history is profound in the development of Western thought. The Greeks, such as Thales of Miletos and Pythagoras of Samos, were instrumental in advancing rational thought, pushing the boundaries of their understanding beyond faith or superstition.
Their exploration in fields like philosophy, astronomy, mathematics, and mechanics led to an intellectual understanding that fuelled scientific progress.
Greek thinkers viewed mathematics as a path to understanding the divine, embodying a harmony between the theoretical and the physical worlds.
The Greeks, embracing the concept of mathesis, saw numerical relationships as fundamental to the structure of the universe. This preoccupation with numerical precision influenced innovations in geometry, astronomy, and the theory of matter.
This respect for mathematics, alongside philosophy and empirical observation, shaped the Greek scholarly tradition. Their achievements laid the groundwork for future scientific endeavors, even as their ideas spread throughout the Mediterranean and were carried further by the Romans, becoming a cornerstone of European education and enlightenment.
Why can’t we skateboard in the halls? I think we should be able to skateboard in the halls because then we would be more active. It would help us get to class quicker. We could learn about teaching by demonstrating how to do tricks to younger students. We could have competitions with other schools. It could be part of gym class. Some kids who walk to school could skateboard instead so they won’t be late as often. Choose the best concluding statement for this paragraph. A) Skateboarding isn't a crime. B) Some people like to skateboard, and others don't. C) People who oppose skateboarding at school are just ignorant. D) Skateboarding in the halls during school is a healthy activity, and should be allowed by school administrators.
Answer:
D
Explanation:
Compare and contrast the norther,middle and southern colonies were established based on politics culture and economics
All the colonies situated in the northern, middle and southern are mainly engaged in farming activities but they are divided demographically.
Explanation:
American settlements in the northern, middle and southern have different climatic conditions but they all have engaged themselves mainly in agriculture production. The southern region cultivated crops like rice, tobacco, and indigo which had helped them to have a better standard of living.
Middle regions have gone into animal rearing which had big farmlands. Northern region mainly cultivated wheat and corn. From the above, it shows that they mainly depend on farming as the source of income. They had different policies in engaging slaves in agricultural farmland but all the regions are culturally and socio-economically common in nature.
the name boston massacre was given to the events of march 5,1770, in order to?
Answer: The Boston Massacre was a street fight that occurred on March 5, 1770, between a "patriot" mob, throwing snowballs, stones, and sticks, and a squad of British soldiers. Several colonists were killed and this led to a campaign by speech-writers to rouse the ire of the citizenry.
Explanation: The whole fight started when a patriot threw a snowball at a British soldiers.
Read the following quote from George Washington’s farewell address:
…every part of our country thus feels an immediate and particular interest in Union, all the parts combined cannot fail to find in the united mass of means and efforts greater strength, greater resource, proportionably greater security from external danger, a less frequent interruption of their peace by foreign nations; and, what is of inestimable value, they must derive from Union an exemption from those broils and wars between themselves…
Which conclusion can most accurately be drawn based on this quote?
George Washington feared that growing tensions between the North and the South would divide the nation and lead to Civil War.
George Washington was unhappy that his term of office was coming to an end and was searching for a way to extend his Presidency to a third term.
George Washington believed that the success of the nation rested in the Union, but recognized that both internal and external conflicts could disrupt it.
George Washington knew that after he left office Congress would declare war on Great Britain and the Revolution would be fought all over again.
Answer:
The answer is:
George Washington believed that the success of the nation rested in the Union, but recognized that both internal and external conflicts could disrupt it.
Explanation:
If all members of the union stay united, the union as a whole will have more strength, be safer and foreign nations will not be tempted to challenge the union or its tranquility. At the same time, it will help avoid conflicts among the members. That´s Washington´s message.
Answer:
George Washington believed that the success of the nation rested in the Union, but recognized that both internal and external conflicts could disrupt it.
Explanation:
Civil liberties are rooted in what document
Answer:
The Bill Of Rights
Explanation:
Civil liberties, in the context of the United States, are primarily rooted in the US Constitution, particularly its first 10 amendments collectively known as the Bill of Rights. These establish fundamental freedoms that the government must uphold for everyone within U.S. territory. They include freedom of speech, the right to be secure in one's possessions, and protection against cruel and unusual punishment, among others.
Explanation:In the context of the United States, civil liberties are rooted primarily in the United States Constitution. The foundation for these liberties is in the first 10 amendments to the Constitution, collectively known as the Bill of Rights. These amendments define the individual freedoms that the government must respect, thereby affirming civil liberties.
These liberties include freedom of speech and the press (under the 1st Amendment), the right of the people to be secure in their persons, houses, papers, and effects (under the 4th Amendment), and protections against excessive bail and cruel and unusual punishment (under the 8th Amendment). It's important to recognize that these constitutional liberties apply to all persons within U.S. territory, not just to citizens.
Over the years, the interpretation and application of the Constitution have evolved to protect more people and activities from potential government interference. However, these liberties are not absolute and can be limited for the good of the community.
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how did the ancient romans adapt/ use the environment?
Answer:
It was the ancient Greeks who first developed the passive solar concepts that the Romans adopted, but the Romans used their engineering and design skills to improve the technique. Passive-solar buildings are built based on the orientation of the sun's path and use the sun's rays to heat the interiors.
The Supreme Court decision in McCulloch v. Maryland
a. declared the Bank of the United States unconstitutional
b. supported the state governments over the national government
c. strengthened the federal government's control over the economy
The Supreme Court decision in McCulloch v. Maryland is to STRENGTHENED THE FEDERAL GOVERNMENT OVER THE ECONOMY.
c. strengthened the federal government's control over the economy
Explanation:
It is one of the important cases in the supreme court of the federal government, the supreme court implies that the congress has the imperial power. The necessary and the proper clause initiative the congress to implement the national bank.
And the state of the Maryland is lack of the taxes.this type of tax is the punitive tax, on the federal of national government, so it is unconditional. Maryland may employed the tax on the government.
Answer:
the other option choice is, the federal government has more power than state governments.
Explanation:
and thats the answer the federal government has more power than state governments.
Which statement best completes the diagram showing the development of
modern democracy?
Which statement best completes the diagram showing the development of
modern democracy?
A. Democratic governments abandon the principle of rule of law.
B. Charter and constitution place limits on leaders power!
C. Representative democracies evolve into direct democracies all over the world
D.Judeo-Christian beliefs replace Enlightenment political principles
Answer: Option B
Explanation:
In the diagram that has been shown in the question, where the first part says that the codes of laws have been written down,the next would be the placing of the constitution which limits the powers of the leaders in the power in the country.
Because if unlimited power has been given to the leaders, they might misuse those powers and exploit the people of the country, so limiting their powers through laying down some rules and regulations in the constitution is very important.
What was the average price of school supplies in 1950
Answer:
It depends.
Explanation:
Depends if you want to know what items used in school cost or what a parent had to but and send to school. If you want to know what parents had to provide the answer according to my grandmother is zero. My grandmother said she did not have to purchase any school supplies in 1950. The school provided all supplies needed in this era.
Future DNA tests may tell us ____________
a.
diet and heritage.
b.
language and religion.
c.
clothing and homes.
d.
religion and world view.
What does this quote mean: Within the Habsburg domains, the religious question became mixed up with efforts of regional elites to attain autonomy.
Answer:
It means that in lands under the sovereignty of the Habsburg house, there were efforts to gain more autonomy by local rulers, and those political actions were justified with religious reasons or differences.
Explanation:
Which of the following battles marked a turning point in the American Revolution?
Answer:
The Battle of Concord/Lexington.
Answer:
The battle of Saratoga
Explanation:
This huge victory allowed for public foreign support from France which really turned the outcome of the way due to more troops and a now stronger allied navy.
The Social Security Act is often considered part of President Franklin Roosevelt's "Second New Deal" because it A) offered payments to those who were retired or unemployed. B) made all employers allow their workers to join a labor union. C) had to be amended and added twice before Congress would pass it. D) was part of the President's plans to enact programs that would offer long-range governmental reform.
Answer:
The answer is A.
Explanation:
The act guaranteed unemployment assistance and pensions for retired people over the age of 65.
Answer: The correct answer to this question is actually
D) was part of the President's plans to enact programs that would offer long-range governmental reform.
Hope this helps.
which strengthened early politician equals parties in the US
French revolution strengthened early politician equals parties in the US
Explanation:
The French revolution was responsible in diving the country and the political parties. Apart from this reason the war that happened between the countries of Britain and France also led to the division of the United States of America.
This also led to the division of the political parties on the basis of the ideas that they had about the politics of the country and it resulted in the strengthening of some of the political parties in the United States of America.
The United States believed that the capture of __________ would lead to an end of the Mexican-American War. California Veracruz Mexico City Santa Anna
Answer:
Mexico City
Explanation:
Answer:
mexico city
Explanation:
taking the quiz atm
Why Is Gregorry Vll Important.
Gregory Vll is important because he oversaw major changes in the church.
Gregorry Vll Important because during the time of Gregorry VII there were many changes in the church.
Explanation:
Pope Gregory VII became the pope of the church from April 1073 till he died in 1085. This eleventh century pope was important because he saw many changes in the church during the time when he was the pope.
He also worked at the post of the papal advisory for a series of popes before he him self got elected as the pope of the church. He gave papal office the importance.
Please match the correct term to the correct definition. Question 8 options: Protest and later open revolt against the economic policies stemming from mercantilism and trade policies, and questions over taxation and protected rights. Took ideas from the enlightenment about the nature of people’s rights, the origin and purposes of government, and the rights of people regarding a government not protecting their natural rights. Started through a series of actions by the British, interpreted as hostile by the colonists, including the occupation of Boston, the Boston massacre, and the attempt to seize patriot leaders, ammunition, and weapons from Lexington and Concord. The war was an attempt by the British to maintain control and to destroy opposition to the British government and control of the colonies 1. American Revolution 2. Revolutionary War PLEASEE HURRY :C !!!
Started through a series of actions by the British, interpreted as hostile by the colonists, including the occupation of Boston, the Boston massacre, and the attempt to seize patriot leaders, ammunition, and weapons from Lexington and Concord. The war was an attempt by the British to maintain control and to destroy opposition to the British government and control of the colonies ~!~ This is The REVOLUTIONARY War. ~!~
Protest and later open revolt against the economic policies stemming from mercantilism and trade policies, and questions over taxation and protected rights. Took ideas from the enlightenment about the nature of people’s rights, the origin and purposes of government, and the rights of people regarding a government not protecting their natural rights. ~!~ This is The AMERICAN REVOLUTION. ~!~
Hope this helps. <3 c:
The given wars have correctly been matched with their provided definitions as follows:
Protest and later open revolt against the economic policies stemming from mercantilism and trade policies, and questions over taxation and protected rights. Took ideas from the enlightenment about the nature of people’s rights, the origin and purposes of government, and the rights of people regarding a government not protecting their natural rights. - 1). American Revolution
Started through a series of actions by the British, interpreted as hostile by the colonists, including the occupation of Boston, the Boston massacre, and the attempt to seize patriot leaders, ammunition, and weapons from Lexington and Concord. The war was an attempt by the British to maintain control and to destroy opposition to the British government and control of the colonies. - 2). Revolutionary War
'American Revolution' is described as the insurgent war that took place from the year 1775 to 1783 which involved 13 southern colonies from the empire of Britain in order to abolish the exploitation of British rule(through taxation) and establish absolute righteous and liberal rights to its people.While the Revolutionary war is the battle that aimed to get the deserved liberty and independence of the United States from the clutches of the Britishmen after a lot of sacrifices and such a long battle. Thus, the correct match would be "protest...rights' - (1) and 'Started...colonies' - (2).
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8. List the atrocities or cruelties Stalin did to the people of Russia:
Answer:
There is a long list of such brutal Stalinist abuses:
- Arbitrary arrest for being suspected of anti-Soviet activities and imprisonment without legal guarantees and respect for detainees´ rights;
- torture as a regular method of interrogation;
- creation of forced labors camps called "gulags" for political prisoners or disgraced party members where they lived under appalling conditions;
- unexpected massive purges in the Communist Party and the army;
- the forced collectivization of land in the USSR; millions died or were jailed for opposing it;
- deportation or dislocation of entire peoples from their original lands.
Explanation:
The information below provides details about the Articles of Confederation.
Under the Articles of Confederation, each state set its own taxes
imported goods-goods from other countries brought into the
States for sale. The Confederation Congress had no power to rar
lower these import taxes.
more paper money.
What was an important consequence of this
situation?
A. Debtors demanded that state governments print more paper
B. Merchants demanded the Articles be revised to promote ni
C. State governments demanded the right to tax exports as we
D. Merchants demanded that the Confederation Congress create
national bank.
les be revised to promote more trade.
lo tax exports as well as imports.
Merchants demanded the Articles be revised to promote
Answer: Option B
Explanation:
The articles of confederation mostly focused on limiting the power of the central government and it gave more power to the state government. It gave state government the power to impose the taxes and this power was not given to the central government.
Even though the state government has imposed taxes on the import of goods but still it could not stop goods importing from Britain. There fore the merchants of the United States of America wanted the articles to be redefined.
Besides the United States, which countries were involved in the Allied invasion?
Answer:
United States, United Kingdom, France, Canada, Belgium, Luxembourg
Select all that apply. The FCC's original rule that equal time must be given does not apply to which of the following, and why?
A. Radio; because there are fewer broadcasting licenses available than people who wish to broadcast. Thus, it is necessary that the FCC step in to make sure that the viewpoints of people other than those who own licenses are represented in the media.
B. Cable television; because by the time it was invented most of the Fairness Doctrine had been abolished, except for the political editorial rule and the personal attack rule.
C. It applies to media types (radio, television, and Internet); to assure that no one viewpoint dominates.
D. The Internet; because the Internet is not regulated by anyone.
E. Newspapers; because, in theory, anyone can start his own newspaper and express his point of view whereas the number of people who can participate in radio and television is limited by broadcast frequencies.
Newspapers; because, in theory, anyone can start his own newspaper and express his point of view whereas the number of people who can participate in radio and television is limited by broadcast frequencies.
Answer: Option E
Explanation:
The FCC rules do not apply to newspapers because in theory anyone can start a newspaper and express his point of view. Newspapers are not restricted to just one person or a specific number of broadcasters like radio and television.
Radio and television screening and viewing is limited by the number of broadcast frequencies. Newspaper industry does not limit the number of newspapers that can be printed and published. Also there is no limit on the number of people who can start a newspaper by writing their opinions.
Answer:
They exceptions are
The internet ( D )Newspaper ( E )Explanation:
The FCC ( federal communications commission ) to an independent agency created to monitor and regulate the various forms of interstate communications in the united states and among the means of communication been controlled/monitored includes: radio, cable, wire and satellite communications.
The FCC's original rule of equal time must be given was to help avoid segregation in the use and access to media whereby some people based on sex or color or background might have a greater access to these forms of communication over the other person
The laws of equal time is not applicable to the internet because the internet is actually not regulated by a particular person or group hence it cannot be monopolized.
The laws of equal time is not applicable to newspaper because there is no law limiting the number of newspaper that can be produced and sold while the other forms of communication have a set number of programs that can be passed out as information to the public.
Which was not a reason for U.S. neutrality during the beginning years of World War
Any options? A reason US joined the war was because German subs destroyed lusitania which had Americans on it. That's one of the main reasons we joined the war, if that's a option for your question then that's it.
If that is not a option let me know and i can further assist
How did the Chinese Exclusion Act discriminate against Chinese immigrants?
A.
Chinese immigrants were prevented from mining unless they paid a fine.
B.
Businesses were allowed to deny services to anyone with a Chinese background.
C.
Chinese immigration was almost completely banned for a period of time.
D.
White settlers were allowed to take land already settled by the Chinese.
Answer:
The Act was passed in 1882 under the presidentship of Chester A. Arthur in the USA.
Chinese labor was completely banned. For the first time ban was made based on the ethnic community in the world.
It exclusively mentioned skilled and unskilled laborers employed in the mining sector are banned. So, 'very few Chinese' could 'enter the country'.
Explanation:
Final answer:
The Chinese Exclusion Act of 1882 discriminated against Chinese immigrants by almost completely banning Chinese immigration for ten years and contributing to an atmosphere of intolerance toward Asian Americans.
Explanation:
The Chinese Exclusion Act of 1882 discriminated against Chinese immigrants by almost completely banning Chinese immigration for a ten-year period (option C). This law specifically targeted Chinese laborers and aimed to appease those who believed that Chinese migrants were causing pressure on the employment market in the West Coast. It contributed to an atmosphere of intolerance toward Asian Americans in the United States and added to the discriminatory practices and laws against Asian immigrants.
What is the biggest expense in a presidential campaign? Why do you think this expense is higher than other campaign expenses?
In a presidential campaign, the biggest expense is that of advertising. This expense is the highest because multiple ads need to be run for the campaign to be successful and a single advertisement can cost millions of dollars.
Explanation:From among the activities involved in presidential campaigning, advertising in the most mandatory one. But having said that, it is also true that effective advertising doesn't come cheap. In order to make sure that the advertise reaches to the maximum of the population and potentially makes and impact, millions of dollars need to be spent.
During the period of election campaigning, the rates of advertising on a famous television network go past the mark of million dollars per ad. This explains why is advertising the most expensive in presidential campaigns.
What did the federal reserve system create
Answer:
The Federal Reserve System, often referred to as the Federal Reserve or simply "the Fed," is the central bank of the United States. It was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial system.
Jurisdiction: United States
Explanation:
Answer:
a centralized bank for the United States
Explanation:
The Federal Reserve System created a centralized bank that established emergency cash reserves and made it easier for payments to be exchanged throughout the country.