SamathaKilkenny SamathaKilkenny

10-06-2015
History

Answered

A major reason for the creation of the Federal

Reserve System (1913) was to

(1) regulate the supply of money in the economy

(2) lend money directly to consumers at low

interest rates

(3) finance public works projects

(4) invest government money in private

industries

Verified Answer :

HistoryGuy HistoryGuy

10-06-2015

A major reason for the creation of the Federal Reserve System (1913) was to "(1) regulate the supply of money in the economy" which was drastically needed at the time.

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