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question: 24
read the text about the passage of the federal reserve act signed into law by president woodrow wilson in 1913 and answer the question.
the nation was in a severe bank - panic period
in 1907, when many banks failed. a panic is a sudden rush by many people to withdraw their money from a bank. in 1908, a special commission was appointed by congress to study banking and currency problems. senator nelson aldrich of rhode island, a republican, was named to head the commission. aldrich proposed a system that would be run by private bankers who would act as federal agents. based on the text, the federal reserve act was a response to
a muckraking journalists who exposed the corruption common among business owners.
b economic instability due to the governments inability to manage economic crises.
c progressive demands for greater government protection for exploited workers.
d rising prices and declining economic competition caused by the formation of monopolies.
question: 25
what contributed the most to the ratification of the nineteenth amendment?
a the actions of abolitionist movement supporters.
b the work of martin luther king jr. and civil rights activists.
c the activism of temperance movement supporters.
d the work of susan b. anthony and womens suffrage activists.
Question 24: The Federal Reserve Act was a response to economic instability and the government's need to manage economic crises. It aimed to create a more stable financial system.
Question 25: The Nineteenth Amendment gave women the right to vote. Susan B. Anthony and women's suffrage activists played a crucial role in the long - fought battle for women's voting rights which led to its ratification.
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Question 24: B
Question 25: D