asked 59.0k views
5 votes
The creation of the Federal Reserve System in the early 1900s had what impact on the role of government?

A It reduced the government’s ability to regulate industry.
B It expanded the government’s control over the nation’s money supply.
C It allowed the government to have more control over imports and exports.
D It prevented the government from breaking up strikes

asked
User Blusky
by
8.3k points

1 Answer

5 votes

Answer:

B. It expanded the government’s control over the nation’s money supply.

Step-by-step explanation:

Since the government has more power over banks, it didn't have to worry as much about an economic crisis.

answered
User Damax
by
8.6k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.